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IPTV increases its stake in MSKY to 96.48%

26 September 2019 06:10

JAKARTA - PT MNC Vision Networks Tbk (IPTV) increased its stake in PT MNC Sky Vision Tbk (MSKY) from 91.9% to 96.48% through private placement. In this corporate action, MSKY released 906,532,036 shares at a price of Rp 935 per share.

As quoted from the disclosure of company information, Anthony C. Kartawiria, Corporate Secretary of PT MNC Vision Networks Tbk (IPTV) said that his party had taken part in MSKY's private placement and purchased 417,911,236 shares. With the purchase, IPTV now holds 9.163.740.798 of MSKY shares.

In addition to IPTV, Charlton Group Holdings Ltd also took part and purchased 307,314,393 shares in the corporate action. (LK/AR)

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