Petaling Jaya: Shares in pay-TV operator Astro All Asia Networks plc rallied to an intraday high of RM2.83 yesterday, before profit taking trimmed gains, and the stock closed up 12 sen or 4.5% at RM2.80.
Dealers said the catalyst was news that Astro was seeking about RM905mil in compensation from its Indonesian partners over a failed satellite television joint venture in Indonesia.
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