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MD Entertainment acquires 19% Net TV shares

31 Oct 2024 15:21

On Tuesday, October 29, PT Net Visi Media Tbk (NETV), a holding company for mass media, attracted a new investor after welcoming Newton Capital the week before. A production company called PT MD Entertainment Tbk purchased over 7.88 billion NETV shares, or about 19.07% of the company. This fantastic transaction was facilitated by PT Samuel Sekuritas Indonesia.

MD Entertainment acquires 19% Net TV shares

NET TV welcomes Newton Capital as new investor

30 Oct 2024 13:58

On Friday, October 25, PT Net Visi Media Tbk (NETV), the mass media holding company, welcomed Newton Capital Ltd. as a new investor. With a 10.67% ownership stake, the investor purchased over 4.41 billion shares through PT Mandiri Sekuritas. This issuer owns NET TV, a national television network, and Creative Inc., a content production company.

NET TV welcomes Newton Capital as new investor