In a document submitted to the Indonesia Stock Exchange (BEI), Corporate Secretary SCMA Hardijanto Saroso explained, the mechanism used is any one shareholder Indosiar will be exchanged for 0.481 shares of SCTV.
Ratio was taken after an independent assessment based on the valuation of the company's stock last. Lastly, stock valuations SCTV price of Rp 2,171 per share and Rp 1,044 per share for Indosiar.
Based on the closing on February 18, 2013, shares of SCTV (SCMA) closed at Rp 2,250 per share and Indosiar (IDKM) of Rp 1,082 per share. This value also represents a 9.3 percent premium prices shareholder Indosiar relatively close to the closing price at Rp 990 per share.
Later, PT Surya Citra Media Tbk (SCMA) will still be a listed company on the Stock Exchange after the merger. While Indosiar will be delisted. SCMA will also shareholders and IDKM would have respectively 67 percent and 33 percent of the shares after the merger.
After the merger, the stock capitalization SCMA will be Rp 32 898 trillion to the value of the company reached Rp 32.359 trillion. This value is based on the closing market price on February 18, 2013 with SCMA share price of Rp 2,250 per share.
While the composition of its shareholders will later become PT Elang Mahkota Teknologi Tbk (EMTK) will be holding the SCMA amounted to 74.46 percent.
A total of 25.54 per cent held by the public. While SCMA will be in charge of SCTV 99.99 percent and PT Indosiar Visual Mandiri amounting to 99.99 percent. This process will be effective on May 1.
Information only, IDKM and SCMA is a subsidiary of PT Elang Mahkota Teknologi Tbk (EMTK). Based on financial statements as of September 2012, the ownership EMTK in SCMA reached 74.68 percent, while shares in IDKM reached 74.08 percent.
source: http://www.nicetvonline.com/2013/03/sctv-tv-online-streaming-indonesia.html
No comments:
Post a Comment