MNC IPO

MNC Skyvision launches IPO of up to $200 million

Four anchor investors, including US- and Malaysia-based media specialists, help to ensure the base deal is covered on day one.
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Indonesia is one of the most underpenetrated markets in the world for pay-TV (AFP)
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<div style="text-align: left;"> Indonesia is one of the most underpenetrated markets in the world for pay-TV (AFP) </div>

MNC Skyvision, an Indonesian pay-TV operator owned by media group Global Mediacom, kicked off the institutional bookbuilding yesterday for an initial public offering that is aiming to raise between Rp1.6 trillion and Rp1.9 trillion ($170 million to $200 million).

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