Manoj Punjabi’s MD Entertainment wants to buy NET TV for IDR 1.6 trillion
Jakarta – Manoj Punjabi’s PT MD Entertainment Tbk (FILM) will take over 80.05% of the shares in PT Net Visi Media Tbk (NET TV) with a transaction value of IDR 1,655,494,358,314 or IDR 1.65 trillion. Through this acquisition, MD Pictures will become the new controlling shareholder of NET TV. To secure the acquisition process, MD … Read more