Kuala Lumpur – According to a news report by Malaysia’s The Star, Astro Malaysia Holdings Bhd. shares dropped to its lowest closing point yesterday since it was re-listed three weeks ago on October 19. The company closed at RM2.65 and is now down 11.7% from its initial public offering (IPO) price of RM3. At present, it is unclear which parties have been selling down shares of Astro. So far, there has been no news of major shareholders selling off their stakes and no filings have been … [Read more...] about Astro shares continue downward trend
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CTE expands reach with five new carriage agreements
Hong Kong – Celestial Tiger Entertainment (CTE) has announced five new carriage agreements, adding up to 13 channel launches across eight pay-TV platforms since the formation of the company. The new deals extended CTE’s channels' distribution in Indonesia and the Philippines with all four of CTE’s primary channel brands, Celestial Movies (CM), Celestial Classic Movies, KIX and Thrill. In Indonesia, the carriage deal launches on PT MNC Sky Vision, PT Mega Media and Topas TV. In … [Read more...] about CTE expands reach with five new carriage agreements
