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AsiaSat

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 a market capitalisation of HK$2 billion on 30 November 2018.[3] It was a red chip company of the stock exchange.[3] 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 The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.[4]

History

In September 2017, AsiaSat 9, AsiaSat's latest satellite built by Space Systems/Loral[5] 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.

Shareholders

As of 31 December 2017, 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.[2] Standard Life Aberdeen plc was the second largest shareholder for 5.36%.[2] In May 2018, the ratio owned by Standard Life Aberdeen had decreased to 4.99%.[6] In November 2018, another private equity firm International Value Advisers owned 6.12% shares of AsiaSat.[7]

On 3 September 2019, following 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 and Carlyle Asia Partners IV, L.P.[4]

Launch history and future plans

This is a list of satellites owned and operated by AsiaSat.

See also

External links

References

  1. AsiaSat Space Data Association, 12 January 2021, retrieved March 27, 2023^
  2. 2017 Annual Report Asia Satellite Telecommunications Holdings, 27 April 2017, retrieved 26 July 2017^
  3. List of Red Chip Companies (Main Board) Hong Kong Exchanges and Clearing, 30 November 2018, retrieved 6 December 2018^
  4. Caleb Henry. AsiaSat shareholders accept privatization offer Spacenews.com, 23 September 2019^
  5. Peter B. de Selding. AsiaSat Results Reflect Troop Withdrawals, Capacity Glut SpaceNews, 2015-03-27, retrieved 29 March 2015^
  6. https://www.finet.hk/Newscenter/news_content/5b0e147de4b09101ef607679 finet.hk, Financial Holdings Limited, 30 May 2018, retrieved 7 December 2018^
  7. https://www.finet.hk/Newscenter/news_content/5bf222a0e4b0c4f803e903fb finet.hk, Financial Holdings Limited, 19 November 2018, retrieved 7 December 2018^
  8. AsiaSat 1 Gunter's Space Page, 21 July 2019, retrieved 2 May 2021^
  9. Gunter Krebs. AsiaSat 2 Gunter's Space Page, 21 July 2019, retrieved 2 May 2021^
  10. HGS-1 Arrives in Earth Orbit: First Commercial Lunar Mission NASA, 17 June 1998, retrieved 4 May 2021^
  11. Gunter Krebs. AsiaSat 3, 3S / HGS 1 / PAS 22 Gunter's Space Page, retrieved March 7, 2026^
  12. AsiaSat 3S AsiaSat, retrieved 7 January 2014^
  13. Atlas III Launch of AsiaSat 4 Successful in 1st ILS Mission of 2003 Space News, April 11, 2003, retrieved March 7, 2026^
  14. AsiaSat 4 AsiaSat, retrieved 7 January 2014^
  15. Peter B. de Selding. ILS Proton Rocket Launches AsiaSat 5 Satellite Space News, August 12, 2009, retrieved March 7, 2026^
  16. AsiaSat 5 AsiaSat, retrieved 7 January 2014^
  17. Peter B. de Selding. SpaceX Launches AsiaSat 6, a Month after Lofting AsiaSat 8 Space News, September 7, 2014, retrieved March 7, 2026^
  18. AsiaSat 6 AsiaSat, retrieved 7 January 2014^
  19. ILS And SS/L’s Easy Breezy…Launch AsiaSat 7 On A Breeze (Launch) satnews.com, November 27, 2011, retrieved March 7, 2026^
  20. AsiaSat 7 AsiaSat, retrieved 7 January 2014^
  21. William Graham. SpaceX Falcon 9 v1.1 launches ASIASAT-8 satellite nasaspaceflight.com, August 4, 2014, retrieved 7 March 2026^
  22. AsiaSat 8 AsiaSat, retrieved 7 January 2014^
  23. Caleb Henry. LS Proton to launch AsiaSat-9 on Sept. 28 Space News, July 31, 2017, retrieved March 7, 2026^
  24. Chris Bergin. ILS Proton M successfully launches AsiaSat-9 28 September 2017, retrieved 28 September 2017^