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Analysts see encouraging signs for Astro Malaysia

PETALING JAYA: Despite weak second-quarter results, analysts reckon that there are encouraging signs for Astro Malaysia Holdings Bhd going forward, which include a rebound in earnings in the coming quarters and positive net additions for its pay-TV subscribers.

Astro shares surge on possible privatisation news

PETALING JAYA: Pay-TV operator Astro Malaysia Holdings Bhd’s share price surged by about 14%, following a news report on possible privatisation by its billionaire owner T. Ananda Krishnan (pic).

Will Astro prove detractors wrong?

WITH numerous research houses backing it as a top performer, will Astro Malaysia Holdings Bhd prove its detractors wrong with its third quarter results slated to be released on Dec 5?

Astro sees revenue uptrend

KUALA LUMPUR: Astro Malaysia Holdings Bhd expects the average revenue per user (arpu) growth trajectory it achieved in the first six months of its current financial year ending Jan 31, 2014 to continue in the second half as the company continues to migrate its customers to the B.yond high-definition (HD) platform.

Rohana to resign as Astro CEO

PETALING JAYA: A day after Astro Malaysia Holdings Bhd addressed publicly a customer data leak and posted weaker financial results, the company’s long-serving chief executive officer Datuk Rohana Rozhan has given notice of her resignation effective Jan 31, 2019.

Astro CEO sees company as growth story

Astro Malaysia Holdings Bhd, which was relisted on Friday, attracted strong trading interest and rose to a high of RM3.11 as company officials forecast a strong performance for Malaysia's largest Pay-TV operator.

Astro to offer VSS

PETALING JAYA: In a strategic review of its business to strengthen its position in the market, Astro Malaysia Holdings Bhd will be undertaking a voluntary separation scheme (VSS) for its employees, offered purely on a voluntary basis.

Astro secures Premier League broadcast rights amid profit drop

PETALING JAYA: Astro Malaysia Holdings Bhd posted lower earnings in the second quarter ended July 31, as the high content cost of the 2018 FIFA World Cup reduced its margins, while the weaker ringgit resulted in higher finance charges.

Astro stays relevant with online venture

PETALING JAYA: Astro Malaysia Holdings Bhd’s venture into the online platform is expected to keep the satellite service provider relevant among users, say analysts.

Astro opens at RM3.03

Astro Malaysia Bhd made its debut on the Main Market on Friday at RM3.03, which was three sen above its offer price of RM3 per share.