JAKARTA (Yosefardi) – Shares of content provider PT Intermedia Capital Tbk (MDIA), parent of free-to-air TV station ANTV, gained 6.9% to Rp1473 per share on its trading debut this morning at the Indonesian Stock Exchange (IDX).
At this price, it has market capitalization of Rp5.77 trillion. Over 5.39 million shares was exchange hands.
MDIA targets to book revenue of Rp969.18 billion this year, a 16% growth compared to Rp835.5 billion last year. In 2012, the company’s revenue was Rp610.8 billion.
Last year, MDIA booked net profit of Rp118.9 billion, jumped 173.33% from Rp43.5 billion in 2012.
MDIA had offered 392.15 million shares to public at price of Rp1380, raised total proceeds of Rp541.17 billion.