TV station PT Surya Citra Televisi (SCTV), a wholly owned subsidiary of PT Surya Citra Media Tbk (SCMA), controlled by Indonesian businessman Sariaatmadja family, reported an acquisition of 85% shareholding in PT Bangka Tele Vision at Rp425 million. Surya Citra Media Corporate Secretary Hardijanto Saroso said Surya Citra Televisi purchased Bangka Tele Vision from two [...]
Slow but sure, holding investment PT Bhakti Investama Tbk (BHIT) disposes its shareholding in toll road operator PT Citra Marga Nusaphala Persada Tbk (CMNP) on December 27 2010. After selling its stakes in Citra Marga into the market, Bhakti, controlled by Indonesian tycoon Hary Tenoesoedibjo, today announced a 12.16% stake or 243.17 million shares disposal [...]
Holding company of Indosiar television, PT Indosiar Karya Media Tbk (IDKM) today surged 7.14% to IDR600 per share, following the acquisition of TV5 Philippine. Referring to the current market price, Indosiar Media’s market capitalization is IDR1.21 trillion. ABC Development Corp, which runs TV5, Philippine, is buying into Indosiar Media, a publicly-listed national television station in [...]
ABC Development Corp, which runs TV5, Philippine, is buying into Indosiar, a publicly-listed national television station in Indonesia majority owned by Anthoni Salim, chairman of First Pacific Co Ltd. “We will partner with Indosiar. This will be an investment by TV5,” said President Ray Espinosa at a press briefing yesterday as reported by abs-cbnnews.com. He [...]