Elang Mahkota Group (Emtek) have plan to initial public offering. The entity had picks PT Mandiri Sekuritas to underwrite the IPO.
Emtek Group has expanded the range of service to embrace media, telecommunications and technology.
Emtek now focuses some business segments on broadcast, service integration, networks solution, and retail. In broadcast business, Emtek controls PT Surya Citra Televisi (SCTV) following the acquisition of 78,69 percent SCMA shares from PT Abhimata Mediatama April last year.
Besides, Emtek also manages local television station, O Channel, and owns subsidiary firm, PT Mediatama Anugrah Citra (MAC), as the operator of paid television.
In service integration segment, Emtek owns PT Abhitama Citra Abadi, PT Abhitama Persada, PT Indopay Merchant Services, PT Ekaprasarana Primatel, and PT Asia Towers Internasional. For networks solution, Emtek operates PT Tangara Mitrakom and PT Bitnet Komunikasindo.
The company also leads another subsidiary, PT Sakalaguna Semesta, as the telecommunication distribution company.
Friday, October 23, 2009
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