The Jakarta Post, 18 Jun 2009, Ika Krismantari
Singapore’s leading media group MediaCorp is planning to raise its share ownership in Global Mediacom, the local media giant, to tap into the country’s unexplored advertising market.
The Singaporean company now holds 5 percent of stake in Mediacom and 6.85 percent stake in PT Media Nusantara Citra, Mediacom’s unit that operates popular channels RCTI, TPI, GlobalTV, the Indonesia Stock Exchange says.
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