By looking at rm3.60 is expensive, unless after the bidding the final institutional price is lower.
When Astro was privatised two years ago the value was rm8+ billion and now is rm18+ billion.
More info like profit, PE ratio here.
http://politemarket.blogspot.com/2012/08/astro-ipo.html
IPO: Astro Malaysia Holdings Bhd (6399), Relisting of astro in bursa malaysia