Astro Malaysia seeks up to $1.5 billion from IPO

The pay-TV company starts bookbuilding today for the latest large offering in Malaysia.

<div style="text-align: left;"> Astro is the biggest residential pay-TV operator in Malaysia </div>

September 20, 2012

Astro Malaysia Holdings, a consumer media entertainment group, is set to start bookbuilding today for its initial public offering, which is targeted to raise between M$4.1 billion and M$4.56 billion (about $1.3 billion to $1.5 billion), sources said.

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