PT MD Pictures TBK – Initial Public Offering July 16, 2018 183

Company Description

  • Established in 2002 under the name of PT MD Media.
  • The company engages in film production which is sold through cinema, free to air TV, home video, and digital.

Initial Public Offering Facts

  • Maximum of 1,980,952,400 bn shares (19.45% of enlarged capital) are being offered to public.
  • MCB worth of 25 bn converted in to 119 mn shares.

IPO Proceeds Allocation

  • 100% for funding additional film production, exclusive contract (lock up) with artist and film director, development of HAKI, development of animation film.

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