The dispute between two of the biggest television companies, PT Media Nusantara Citra Tbk (MNCN belonging to Hary Tanoesoedibjo) and PT Surya Citra Media Tbk (SCMA controlled by the Sariaatmadja family), over the shareholding of PT Sinemart Indonesia continues. The owner of Sinemart Leo Sutanto first challenged the decision of the West Jakarta District Court and failed. They then took the dispute to the appeal stage, and they won after the Jakarta High Court ruled in favor of their petition. The Panel of Appeals had actually decided on the matter in the second week of April 2018, but the verdict was only published earlier this month.To subscribe please click here
