THE retail portion of Astro All Asia Networks plc's initial public offering has been priced at RM3.80 per share and is subject to a refund in the event the final retail price is less than that.
The satellite television and radio company said in its prospectus launched yesterday the final retail price would equal the lower of the retail price of RM3.80 per share or 90% of the institutional price, to be determined by way of book-building.
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