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Indonesia’s Surya Citra to Acquire 50% of Local Advertising Company

JAKARTA (TheInsiderStories) - PT Surya Citra Media Tbk (IDX: SCMA), the holding of television provider with brand SCTV and Indosiar, aimed to acquire 50...

Emtek Seeks US$362 Million from Rights Issue

JAKARTA (TheInsiderStories) - Indonesian media group, PT Elang Mahkota Technology Tbk (IDX: EMTK), hoping to get fresh funds of around Rp 4.86 trillion (US$362.69...

Soeryadjaya, SCTV to Become New Shareholders of Tempo

JAKARTA (TheInsiderStories) – Businessman Edwin Soeryadjaya as well as private television operator PT Surya Citra Media Tbk (IDX:SCMA) will become new shareholders of PT...