Astro to invest over RM300mil in local content for FY24

Astro group chief executive officer Euan Smith

KUALA LUMPUR: Astro Malaysia Holdings Bhd is committed to investing over RM300 million in local content for its financial year ended Jan 31, 2024 (FY2024), despite the macroeconomic headwinds that necessitate prudent cost management.

Astro group chief executive officer Euan Smith said Astro had invested RM308 million in local content for FY2023, an 11 per cent increase from FY2022.