Company Description

• Established in 2000 under the name of PT Bhakti Media International.
• Oversees RCTI, GTV, MNC Channels and I News.

Main Business

The company’s through its subsidiaries engaged in business activities of Production House (content production), Advertising Agency and Talent Management.

Initial Public Offering Facts

• Maximum of 1.56 bn shares (29.98% of enlarged capital) are being offered to public.
• 3% of its offer (46,800,000) will be allocated for Employee Stock Allocation (ESA) program.

IPO Proceeds Allocation

• 35% shall be used to acquire channels business
• 33% for repayment of MTN issued by MNC Pictures.
• 20% for development of movie land.
• 12% for development of production house business.