AsiaSat

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Asia Satellite Telecommunications Holdings

Company type	Private
Industry	Communications satellite
Founded	1988[1]
Headquarters	Hong Kong (de facto) Bermuda (registered office)
Brands	AsiaSat
Revenue	HK$1.354 billion [2]: 62  (2017)
Operating income	HK$642 million [2]: 62  (2017)
Net income	HK$397 million [2]: 62  (2017)
Total assets	HK$7.401 billion [2]: 63  (2017)
Total equity	HK$3.353 billion [2]: 63  (2017)
Owner	CITIC – Carlyle consortium (74.43%)
Parent	Bowenvale
Website	https://www.asiasat.com/
Footnotes / references in consolidated financial statement[2]

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 The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.^[4]