Indonesia’s MD Pictures Set for IPO Boost to Hollywood Ambitions

Leading Indonesian film and TV production company, MD Pictures is to go public with an IPO on the Jakarta stock exchange. It aims to raise some $29 million. The company is selling a mixture of new shares and convertible bonds. Combined they represent 1…

Leading Indonesian film and TV production company, MD Pictures is to go public with an IPO on the Jakarta stock exchange. It aims to raise some $29 million. The company is selling a mixture of new shares and convertible bonds. Combined they represent 19.5% of the group’s capital. At the IDR210 per share offer price, […]