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A better year in store for local currency

PETALING JAYA: A firmer ringgit is expected in 2024, with the local currency forecast to strengthen to RM4.40 per US dollar by the end of next year.

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Astro appoints new CFO

PETALING JAYA: Astro Malaysia Holdings Bhd has appointed Dr Grace Lee Hwee Leng as its new chief financial officer (CFO) with effect from Jan 1, 2024.

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Mixed calls from investment banks on Astro after 3Q loss

Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for the third quarter of financial year 2024 (3Q FY2024), after excluding contribution from Astro GS Shop Sdn Bhd, its home-shopping business.

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Astro Malaysia pushes ahead with transformation

KUALA LUMPUR: Astro Malaysia Holdings Bhd is maintaining a cautious outlook as it continues to push ahead with its business transformation.

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Astro remains cautious, to focus on cost discipline

Astro Malaysia Holdings Bhd will continue to maintain a cautious outlook with an emphasis on cost discipline, going forward.

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Astro Malaysia unit accepts RM160mil loan from AmBank

KUALA LUMPUR: Astro Malaysia Holdings Bhd’s (AMH) wholly-owned subsidiary, Measat Broadcast Network Systems Sdn Bhd (MBNS), has accepted a term loan facility of up to RM160 million from AmBank.

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Astro Malaysia ceases operations of Go Shop amidst changes in consumer behavior

Astro Malaysia Holdings (Astro) has ceased operations of its home shopping business “Go Shop” effective 11 October due to the challenging overall economic landscape and the changes in consumer shopping behaviour.

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Astro ends Go Shop home shopping operations

KUALA LUMPUR: Astro Malaysia Holdings Bhd (AMH) has decided to cease “Go Shop” effective Oct 11 due to the challenging overall economic landscape and the changes in consumer shopping behaviour.

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Astro Malaysia Shares Fall After Weak Second-Quarter Results

By Ying Xian Wong Astro Malaysia Holdings shares dropped early Tuesday after the company posted weak second-quarter earnings. The satellite-television...

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