March 18, 2010

ASTRO - Price Target News

Stock Name: ASTRO
Company Name: ASTRO ALL ASIA NETWORKS PLC
Research House: HWANGDBS

ASTRO All Asia Networks Plc, Malaysia's largest pay-TV operator, was upgraded to 'hold' from 'fully valued' at HwangDBS Vickers Research Sdn Bhd after billionaire Tan Sri T Ananda Krishnan led an offer of as much as RM2.5 billion (US$759 million) to buy full control of the company.

HwangDBS Vickers raised its share price target to RM4.30, from RM3.56. - Bloomberg

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