AsiaSat
Hong Kong-based commercial operator of communications satellites
- Hong Kong (de facto)
- Bermuda (registered office)
HK$1.354 billion [2]: 62 (2017) HK$642 million [2]: 62 (2017)Net income
HK$397 million [2]: 62 (2017) HK$7.401 billion [2]: 63 (2017) HK$3.353 billion [2]: 63 (2017)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 The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.[4]
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.
As of 31 December 2017[update], 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]: 54 Standard Life Aberdeen plc was the second largest shareholder for 5.36%.[2]: 54 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 Corporation and Carlyle Asia Partners IV, L.P.[4]
Launch history and future plans
This is a list of satellites owned and operated by AsiaSat.
| Satellite | Launch Date (UTC) | Rocket | Launch Site | Contractor | Longitude | Status | Notes | Ref. |
| AsiaSat 1 | 7 Apr 1990 |  Long March 3 | Xichang, LC-3 | CASC | Decommissioned | Launched as Westar 6 on Space Shuttle mission STS-41B, became stranded in orbit, was retrieved by Space Shuttle mission STS-51A in November 1984, sold to AsiaSat. | ||
| AsiaSat 2 | 28 Nov 1995 | Long March 2E | Xichang, LC-2 | CASC | 100.5° East | Decommissioned | ||
| AsiaSat 3 | 24 Dec 1997 |  Proton-K / DM-2M |  Baikonur, Site 81/23 |  ILS | 105.5° East (intended) 158° West (1998–1999) 62° West (1999–2002) | Decommissioned | Transferred to Hughes Global Services (HGS) | |
| AsiaSat 3S | 21 Mar 1999 | Proton-K / DM-2M | Baikonur, Site 81/23 | ILS | 147.5° East | Decommissioned | Replaced AsiaSat 1 on 8 May 1999 and was replaced by AsiaSat 7 | [8] |
| AsiaSat 4 | 12 Apr 2003 | Atlas IIIB | Cape Canaveral, LC-36B | ILS | Relocated to a designated orbital position in November 2017 | In Service | [9] | |
| AsiaSat 5 | 11 Aug 2009 | Proton-M / Briz-M | Baikonur, Site 200/39 | Khrunichev | 100.5° East | In Service | A replacement satellite for AsiaSat 2 | [10] |
| AsiaSat 6 / Thaicom 7 | 7 Sep 2014 | Falcon 9 v1.1 | Cape Canaveral, SLC-40 | SpaceX | 120° East | In Service | [11] | |
| AsiaSat 7 | 25 Nov 2011 | Proton-M / Briz-M | Baikonur, Site 200/39 | Khrunichev | 105.5° East | In Service | Replaced AsiaSat 3S at the orbital location of 105.5° East. | [12] |
| AsiaSat 8 | 5 Aug 2014 | Falcon 9 v1.1 | Cape Canaveral, SLC-40 | SpaceX | 4° West | In Service | AsiaSat satellite with multiple Ku beams. | [13] |
| AsiaSat 9 | 28 Sep 2017 | Proton-M / Briz-M | Baikonur, Site 200/39 | Khrunichev | 122° East | In Service | Replaced AsiaSat 4 at 122° East. | [14] |
See also
Spaceflight portal
- APT Satellite Holdings, fellow satellite communication company based in Hong Kong
References
- ^ "AsiaSat". Space Data Association. Retrieved 27 March 2023.
- ^ a b c d e f g h "2017 Annual Report" (PDF). Asia Satellite Telecommunications Holdings. 27 April 2017. Retrieved 26 July 2017.
- ^ a b "List of Red Chip Companies (Main Board)". Hong Kong Exchanges and Clearing. 30 November 2018. Retrieved 6 December 2018.
- ^ a b Henry, Caleb (23 September 2019). "AsiaSat shareholders accept privatization offer". Spacenews.com.
- ^ de Selding, Peter B. (27 March 2015). "AsiaSat Results Reflect Troop Withdrawals, Capacity Glut". SpaceNews. Retrieved 29 March 2015.
- ^ 【權益變動】亞洲衛星(01135-HK)遭基金減持9.35萬股 涉資60.3萬. finet.hk (in Chinese (Hong Kong)). Hong Kong: Financial Holdings Limited. 30 May 2018. Retrieved 7 December 2018.
- ^ 【權益變動】亞洲衛星(01135-HK)獲International Value增持464萬股. finet.hk (in Chinese (Hong Kong)). Hong Kong: Financial Holdings Limited. 19 November 2018. Retrieved 7 December 2018.
- ^ "AsiaSat 3S". AsiaSat. Archived from the original on 18 January 2014. Retrieved 7 January 2014.
- ^ "AsiaSat 4". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ "AsiaSat 5". AsiaSat. Archived from the original on 23 October 2013. Retrieved 7 January 2014.
- ^ "AsiaSat 6". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ "AsiaSat 7". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ "AsiaSat 8". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
- ^ Bergin, Chris (28 September 2017). "ILS Proton M successfully launches AsiaSat-9". Retrieved 28 September 2017.
External links
- Official website
- v
- t
- e
AsiaSat satellites
Future spacecraft in italics.
