Indonesia: Tempo Inti Media attracts interest from six strategic investors in $7m rights issue

Indonesia: Tempo Inti Media attracts interest from six strategic investors in $7m rights issue

Photo: REUTERS/Garry Lotulung

One of Indonesia’s largest media groups PT Tempo Inti Media Tbk is looking to raise Rp99.99 billion (nearly $7 million) through the issuance of new shares, it said in a prospectus filing with the Indonesia Stock Exchange (IDX) on Friday.

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