JAKARTA (Yosefardi) – Shares of PT MNC Sky Vision Tbk (MSKY) soared 11.1% to Rp2,000 per share in morning trade with only 3 million shares exchanged hands.
The stock has fallen 30% from its peak year to date.
The earlier said it is seeking US$750 million syndicated loan, equivalent Rp1.9 trillion, for accelerating the payment of foreign currencies loan.
MSKY is Indonesia’s premier satellite Pay-TV provider with its well-known brand, Indovision.
Other MNC Group’s stocks also gained; Global Mediacom (+1.23%), Media Nusantara Citra (+2.68%), and MNC Investama (+1.43%).