FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June 2006
Commission File Number: 1-14396
ASIA SATELLITE TELECOMMUNICATIONS HOLDINGS LIMITED
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(Translation of registrant's name into English)
17/F, The Lee Gardens, 33 Hysan Avenue, Causeway Bay, Hong Kong
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1). __
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): __
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
2
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [_] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):_________.
3
Information furnished on this form:
Announcement, dated June 20, 2006, by the Registrant regarding the Despatch of
the Major Transaction Circular in relation to the Commissioning of AsiaSat 5
EXHIBIT
EXHIBIT NUMBER PAGE
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1.1 Announcement, dated June 20, 2006, by the Despatch of the 5
Major Transaction Circular in relation to the Commissioning
of AsiaSat 5
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ASIA SATELLITE TELECOMMUNICATIONS HOLDINGS LIMITED
(Registrant)
Date: June 29, 2006 By: /s/ Peter Jackson
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Peter Jackson
Chief Executive Officer
The Stock Exchange of Hong Kong Limited takes no responsibility for the
contents of this announcement, makes no representation as to its accuracy or
completeness and expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any part of the
contents of this announcement.
ASIA SATELLITE TELECOMMUNICATIONS HOLDINGS LIMITED
[CHINESE CHARACTERS OMITTED]
(Incorporated in Bermuda with limited liability)
(STOCK CODE: 1135)
DESPATCH OF THE MAJOR TRANSACTION CIRCULAR IN RELATION
TO THE COMMISSIONING OF ASIASAT 5
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The circular containing, among other things, details of the Transaction
Agreements and the commissioning of AsiaSat 5 was despatched to the
shareholders of the Company on 20 June 2006.
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Reference is made to the announcements made by the Company dated 28 April 2006
and 8 May 2006 (the "ANNOUNCEMENTS") relating to the Construction Agreement and
Launch Contract (the "TRANSACTION AGREEMENTS"). Terms defined in the
Announcements shall have the same meanings when used in this announcement
unless the context otherwise requires.
The circular containing, among other things, details of the Transaction
Agreements and the commissioning of AsiaSat 5 was despatched to the
shareholders of the Company on 20 June 2006.
The total consideration for commissioning AsiaSat 5 is estimated to be
approximately US$180 million (equivalent to approximately HK$1,404 million),
which includes the contract price of US$95 million (equivalent to approximately
HK$741 million) under the Construction Agreement , the contract price of US$45
million (equivalent to approximately HK$351 million) under the Launch Contract
and other related costs such as launch insurance and ground facilities. The
Transaction Agreements and the commissioning of AsiaSat 5 have been approved by
written shareholders' approval in accordance with rule 14.44 of the Listing
Rules. The Company's controlling shareholder, Bowenvale Limited, which owns
approximately 69 per cent. of the issued share capital of the Company, has
given its written approval to the Company on the Transaction Agreements and the
commissioning of AsiaSat 5. No Shareholders meeting will be convened to
consider the Transaction Agreements.
By Order of the Board
DENIS LAU
Company Secretary
Hong Kong, 20 June 2006
As at the date of this announcement, the Board of Directors comprises (i) Mr.
Peter JACKSON and Mr. William WADE as executive directors, (ii) Mr. Romain
BAUSCH, Mr. MI Zeng Xin, Mr. Robert BEDNAREK, Ms. Cynthia DICKINS, Mr. DING Yu
Cheng, Mr. JU Wei Min, Mr. KO Fai Wong and Mr. Mark RIGOLLE as non-executive
directors, and (iii) Mr. Edward CHEN and Mr. Robert SZE as independent
non-executive directors.