‘Financially feasible’ for Ananda to take Astro private again


Astro group CEO Datuk Rohana Rozhan said in the statement:

PETALING JAYA: It would be financially feasible should tycoon Tan Sri Ananda Krishnan, Khazanah Nasional Bhd, and bumiputra foundations decide to take Astro Malaysia Holdings Bhd private again, at a share price of up to RM2.

According to Maybank IB Research, it will only take two to three years of earnings before interest, taxes, depreciation, and amortisation (Ebitda) to recover the capital to take Astro private.

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