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Astro Malaysia Holdings

Astro Malaysia Holdings Berhad
Publicly traded company
Traded asMYX: 6399
ISINMYL6399OO009
IndustryMass media
Founded1996
HeadquartersTechnology Park Malaysia, Kuala Lumpur, Malaysia
Area served
South East Asia
Key people
Zaki Azmi, Chairman
Henry Tan, CEO
ProductsPay television
Broadcasting
Publishing
RevenueIncrease RM4,790.7 million (2014)[1]
Decrease RM569.2 million (2014)[1]
Increase RM447.8 million (2014)[1]
Number of employees
4,454 (2013)[2]
ParentAstro Holdings Sdn Bhd and Khazanah Nasional
Websitewww.astromalaysia.com.my

Astro Malaysia Holdings (MYX: 6399) is a Malaysian media and entertainment holding company that began as a paid digital satellite radio and television service, Astro. The company is owned by Astro Holdings Sendirian Berhad, which also owns Astro Overseas Limited.

History

In 1996, All Asia Broadcast Centre was headquartered at Bukit Jalil and launched its own satellite subscription service. At the same time, the MEASAT satellite network began with the launch of MEASAT 1. The new pay-television service named Astro launched and started broadcasting with 22 television channels and 8 music channels. The launch of more MEASAT satellites from 1998 onward allowed Astro to begin expanding its services.

In 1997, the company achieved the Multimedia Super Corridor status. In 2003, it acquired Celestial Pictures. Two years later, it bought Time Highway Radio, an Indian radio station in Malaysia. It also launched its first IPTV subscription service based on content licensed from Goal TV. It also bought Yes Television (Hong Kong) Limited and Goal TV Asia Limited to distribute broadband and television content in the region.

In 2006, Rohana Rozhan, CFO of AAAN, was elected as CEO of Astro Malaysia. On that same year, Astro launched Astro MAX, its first PVR service. In 2007, it launched its first VOD service, adding Hong Kong TVB dramas to the platform.

On 28 April 2008, Astro cảm xúc was launched in Vietnam as a joint venture with HTVC. It was also picked up by Vietnam Cable Television to be carried nationally. On 14 June 2010, AAAN was delisted from the Main Market of Bursa Malaysia Securities following a successful takeover offer by Usaha Tegas Sdn Bhd. Thus, its company name was changed to Astro Holdings Sdn Bhd. In 2012, the company was listed again on Malaysia's stock market.

References

  1. ^ a b c "Quarterly Report for the Fourth Quarter Ended 31 January 2014" (PDF). Astro Malaysia Holdings Bhd. 31 March 2014. Retrieved 12 April 2014.
  2. ^ "go beyond: annual report 2013" (PDF). Astro Malaysia Holdings Bhd. Retrieved 12 April 2014.

External links