SINGAPORE (Feb 12): Mainboard-listed Asian Pay Television Trust (APTT) is a shadow of what it used to be.

From its initial public offering price of 97 cents back in 2013, the Singapore-based business trust traded below 20 cents for the whole of last year. The counter closed at 16.7 cents on Feb 11, giving it a total market capitalisation of around just $241.3 million.

But market watchers believe there are some positive signs that APTT could be flickering back to life.  

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