Kuala Lumpur: Malaysian billionaire T. Ananda Krishnan is considering an initial public offering (IPO) of the country’s largest pay-television broadcaster, Astro All Asia Networks Plc, according to a company official.
Astro had been approached by investment bankers about a possible share sale, though substantive discussions had yet to begin, said the official, who asked not to be identified as the deliberations are private.
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