(Or “No FTs, but still the mega IPOs come)
Astro All Asia Networks has applied for approval to go public. The IPO will be worth M$4.7bn (US$1.5bn or S$1.9bn) a deal that would add to Malaysia’s dominant position in IPOs this year globally. Part of Ananda Krishnan’s empire, it was once a listco before he took it private a few yrs ago,
And its bourse’s CEO is local, not an FT nor is his number 2, unlike on SGX.