MNC looks to sell stake in Indovision’s holding firm

1 Feb, 2016 – Conglomerate Media Nusantara Citra (MNC) Group is planning to release up to 20 percent of its stake in new entity Sky Vision Network (SVN) for foreign investors before the end of the first half, according to its owner, tycoon and politician Hary Tanoesoedibjo.

Hary said over the weekend that his business group was looking to sell between 10 percent and 20 percent of its stake in the company, as part of the group’s strategy to establish a more focused holding company for its television businesses.

Read more at the Jakarta Post

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