AsiaSat

Asia Satellite Telecommunications Holdings
TypePrivate
IndustryCommunications satellite
Founded1988
Headquarters
  • Hong Kong (de facto)
  • Bermuda (registered office)
BrandsAsiaSat
RevenueIncrease HK$1.354 billion : 62  (2017)
Increase HK$642 million : 62  (2017)
Decrease HK$397 million : 62  (2017)
Total assetsDecrease HK$7.401 billion : 63  (2017)
Total equityIncrease HK$3.353 billion : 63  (2017)
OwnerCITIC – Carlyle consortium (74.43%)
ParentBowenvale
Websitehttps://www.asiasat.com/
Footnotes
in consolidated financial statement

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. It was a red chip company of the stock exchange. 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 The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.

History

In September 2017, AsiaSat 9, AsiaSat's latest satellite built by Space Systems/Loral 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.: 54  Standard Life Aberdeen plc was the second largest shareholder for 5.36%.: 54  In May 2018, the ratio owned by Standard Life Aberdeen had decreased to 4.99%. In November 2018, another private equity firm International Value Advisers owned 6.12% shares of AsiaSat.

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.

Launch history and future plans

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

AsiaSat satellites
Satellite Launch Date
(UTC) 		Rocket Launch Site Contractor Longitude Status Notes Ref.
AsiaSat 1 7 Apr 1990 China Long March 3 China Xichang, LC-3 China 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 China Long March 2E China Xichang, LC-2 China CASC 100.5° East Decommissioned
AsiaSat 3 24 Dec 1997 Russia Proton-K / DM-2M Kazakhstan Baikonur, Site 81/23 United States 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 Russia Proton-K / DM-2M Kazakhstan Baikonur, Site 81/23 United States ILS 147.5° East Decommissioned Replaced AsiaSat 1 on 8 May 1999 and was replaced by AsiaSat 7
AsiaSat 4 12 Apr 2003 United States Atlas IIIB United States Cape Canaveral, LC-36B United States ILS Relocated to a designated orbital position in November 2017 In Service
AsiaSat 5 11 Aug 2009 Russia Proton-M / Briz-M Kazakhstan Baikonur, Site 200/39 Russia Khrunichev 100.5° East In Service A replacement satellite for AsiaSat 2
AsiaSat 6 / Thaicom 7 7 Sep 2014 United States Falcon 9 v1.1 United States Cape Canaveral, SLC-40 United States SpaceX 120° East In Service
AsiaSat 7 25 Nov 2011 Russia Proton-M / Briz-M Kazakhstan Baikonur, Site 200/39 Russia Khrunichev 105.5° East In Service Replaced AsiaSat 3S at the orbital location of 105.5° East.
AsiaSat 8 5 Aug 2014 United States Falcon 9 v1.1 United States Cape Canaveral, SLC-40 United States SpaceX 105.5° East In Service AsiaSat satellite with multiple Ku beams.
AsiaSat 9 28 Sep 2017 Russia Proton-M / Briz-M Kazakhstan Baikonur, Site 200/39 Russia Khrunichev 122° East In Service Replaced AsiaSat 4 at 122° East.

See also

References

  1. ↑ "AsiaSat". Space Data Association. 12 January 2021. Retrieved 27 March 2023.
  2. 1 2 3 4 5 6 7 8 "2017 Annual Report" (PDF). Asia Satellite Telecommunications Holdings. 27 April 2017. Retrieved 26 July 2017.
  3. 1 2 "List of Red Chip Companies (Main Board)". Hong Kong Exchanges and Clearing. 30 November 2018. Retrieved 6 December 2018.
  4. 1 2 Henry, Caleb (23 September 2019). "AsiaSat shareholders accept privatization offer". Spacenews.com.
  5. ↑ de Selding, Peter B. (27 March 2015). "AsiaSat Results Reflect Troop Withdrawals, Capacity Glut". SpaceNews. Retrieved 29 March 2015.
  6. ↑ 【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.
  7. ↑ 【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.
  8. ↑ "AsiaSat 1". Gunter's Space Page. 21 July 2019. Retrieved 2 May 2021.
  9. ↑ Krebs, Gunter (21 July 2019). "AsiaSat 2". Gunter's Space Page. Retrieved 2 May 2021.
  10. ↑ "HGS-1 Arrives in Earth Orbit: First Commercial Lunar Mission". NASA. 17 June 1998. Archived from the original on 30 July 2010. Retrieved 4 May 2021. Public Domain This article incorporates text from this source, which is in the public domain.
  11. ↑ Krebs, Gunter. "AsiaSat 3, 3S / HGS 1 / PAS 22". Gunter's Space Page. Retrieved 7 March 2026.
  12. ↑ "AsiaSat 3S". AsiaSat. Archived from the original on 18 January 2014. Retrieved 7 January 2014.
  13. ↑ "Atlas III Launch of AsiaSat 4 Successful in 1st ILS Mission of 2003". Space News. 11 April 2003. Retrieved 7 March 2026.
  14. ↑ "AsiaSat 4". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  15. ↑ de Selding, Peter B. (12 August 2009). "ILS Proton Rocket Launches AsiaSat 5 Satellite". Space News. Retrieved 7 March 2026.
  16. ↑ "AsiaSat 5". AsiaSat. Archived from the original on 23 October 2013. Retrieved 7 January 2014.
  17. ↑ de Selding, Peter B. (7 September 2014). "SpaceX Launches AsiaSat 6, a Month after Lofting AsiaSat 8". Space News. Retrieved 7 March 2026.
  18. ↑ "AsiaSat 6". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  19. ↑ "ILS And SS/L's Easy Breezy…Launch AsiaSat 7 On A Breeze (Launch)". satnews.com. 27 November 2011. Retrieved 7 March 2026.
  20. ↑ "AsiaSat 7". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  21. ↑ Graham, William (4 August 2014). "SpaceX Falcon 9 v1.1 launches ASIASAT-8 satellite". nasaspaceflight.com. Retrieved 7 March 2026.
  22. ↑ "AsiaSat 8". AsiaSat. Archived from the original on 7 December 2013. Retrieved 7 January 2014.
  23. ↑ Henry, Caleb (31 July 2017). "LS Proton to launch AsiaSat-9 on Sept. 28". Space News. Retrieved 7 March 2026.
  24. ↑ Bergin, Chris (28 September 2017). "ILS Proton M successfully launches AsiaSat-9". Retrieved 28 September 2017.