Investor Presentaiton
Clear strategic rationale for merger
Strong cash flow generating television business in SCTV matched with
growth profile of Indosiar
Increased opportunity to extract synergies from operating two television
stations
Streamlined governance arrangements achieved through the merger
The merged entity will achieve an improved position in the Indonesian
Stock Exchange Index. SCMA post merger will have a market capitalization
of Rp. 32.9 trillion (at a closing price of Rp 2,250 per share) which would
make it the 35th largest company in the Jakarta Composite Index (as
measured by Bloomberg)
The enlarged holding company, SCMA, will have an improved free float of
shares. SCMA post merger will have a total of 14.62m shares on issue and
the free float will be 3.73m shares
SCMA and IDKM shareholders have expressed a strong interest in having
the two television channels held by one holding company
MSCTV
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INDOSIARView entire presentation