Schedule TO

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE TO

Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)

of the Securities Exchange Act of 1934

ASIA SATELLITE TELECOMMUNICATIONS HOLDINGS LIMITED

(Name of Subject Company (Issuer))

Able Star Associates Limited

CITIC Group

GE Capital Equity Investments, Inc.

AsiaCo Acquisition Ltd.

Bowenvale Limited

CITIC Group

General Electric Capital Corporation

(Names of Filing Persons (Offeror))

Ordinary Shares, par value HK$ 0.10 per share

American Depositary Shares

(Title of Class of Securities)

Ordinary Shares (763991-02-3)

American Depositary Shares (04516X106)

(CUSIP Number of Class of Securities)

 

Kenneth Ko (Ko Fai Wong)

Room 2118, Hutchison House

10 Harcourt Road

Hong Kong

852-2867-0612

 

Catherine Chang

Asia Satellite Telecommunications Holding Limited

17th Floor, The Lee Gardens

33 Hysan Avenue

Causeway Bay, Hong Kong

852-2500-0888

Mark S. Bergman

Paul, Weiss, Rifkind, Wharton

& Garrison LLP

Alder Castle, 10 Noble Street

London, EC2V 7JU

United Kingdom

Tel: +44 20 7367 1601

 

Lawrence Vranka, Jr.

Scott I. Sonnenblick

Linklaters

1345 Avenue of the Americas

New York, NY 10105

Tel: (212) 903-9000

 

Joseph T. Verdesca

Weil, Gotshal & Manges LLP

767 Fifth Avenue

New York, NY 10153

Tel: (212) 310-8000

(Name, address and telephone number of persons authorized

to receive notices and communications on behalf of filing person)

CALCULATION OF FILING FEE

 

Transaction Valuation

 

Amount of Filing Fee

Not Applicable   Not Applicable

¨ Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount Previously Paid: ____________

Form or Registration No.: ____________

Filing Party: _______________________

Date Filed: ________________________

x Check the box if the filing relates solely to a preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

x third-party tender offer subject to rule 14d-1.

¨ issuer tender offer subject to Rule 13e-4.

x going-private transaction subject to Rule 13e-3.

x amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ¨

 


Item 12. Exhibits

 

Exhibit No.   

Description

99.1    Joint announcement released by AsiaCo Acquisition Ltd. and Asia Satellite Telecommunications Holdings Limited (the “Company”) on April 23, 2007, regarding the invocation of the authorization conditions, the cancellation of the Scheme of Arrangement, indefinite adjournment of the Meetings and possible MGO offers to be made.