Indonesia's MNC Group shelves streaming unit's merger with Malacca SPAC

Indonesia's MNC Group shelves streaming unit's merger with Malacca SPAC

Photo by satria eleazar on Unsplash

Indonesian conglomerate MNC group has terminated plans to list its video streaming and broadband subsidiary in the US through a merger with blank-cheque company Malacca Straits Acquisition Company (MLAC).

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