5-480: Asia Satellite Telecommunications Company Limited (AsiaSat) is a Hong Kong–based commercial operator of communications satellites founded in 1988. It is a wholly-owned subsidiary of Asia Satellite Telecommunications Holdings Limited (AsiaSat Holdings), which is incorporated in Bermuda. AsiaSat Holdings is jointly owned by Chinese state-owned CITIC Limited and private equity fund The Carlyle Group L.P. indirectly. It had
10-481: A market capitalisation of HK$ 2 billion on 30 November 2018. It was a red chip company of the stock exchange. On 23 August 2019, the take private proposal scheme was approved by AsiaSat Holdings' public shareholders, followed by the approval of the Bermuda Court on 3 September 2019, whereupon The company became a private wholly owned subsidiary of Bowenvale Limited, a joint venture of CITIC and Carlyle. The listing of
15-402: The approval of the privatisation plan by public shareholders, Asia Satellite Telecommunications Holdings Limited became a privately wholly owned subsidiary of Bowenvale Limited, which is now jointly owned by CITIC Group Corporation and Carlyle Asia Partners IV, L.P. This is a list of satellites owned and operated by AsiaSat. CITIC Limited Too Many Requests If you report this error to
20-485: The company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019. In September 2017, AsiaSat 9, AsiaSat's latest satellite built by Space Systems/Loral was successfully launched and replaced AsiaSat 4 at 122° East. AsiaSat owns and operates seven satellites, including AsiaSat 3S, AsiaSat 4, AsiaSat 5, AsiaSat 6, AsiaSat 7, AsiaSat 8 and the new AsiaSat 9. As of 31 December 2017,
25-451: The direct parent company, Bowenvale Limited, owned 74.43% shares; Bowenvale was jointly owned by CITIC Limited and The Carlyle Group LP in a 50–50 ratio. Standard Life Aberdeen plc was the second largest shareholder for 5.36%. In May 2018, the ratio owned by Standard Life Aberdeen had decreased to 4.99%. In November 2018, another private equity firm International Value Advisers owned 6.12% shares of AsiaSat. On 3 September 2019, following
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