PT MD Pictures TBK – Initial Public Offering July 16, 2018 160
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.