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Malaysia's Astro share launch attracts foreign money

Malaysia's largest pay-tv operator Astro has made its trading debut on the Kuala Lumpur Stock Exchange.

The firm had raised $1.5bn (£930m) via its initial public offering (IPO), which was the world's 6th biggest share sale this year.

Foreign investors had shown a high level of interest in the listing of the Malaysian company.

Does this mean that Kuala Lumpur is emerging as an international financial hub? The BBC's Jennifer Pak explains.

  • 19 Oct 2012
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