PT MNC Studio International (MNCS), subsidiary of Global Mediacom (BMTR) has set its IPO price at Rp500 per share, to raise total proceeds of Rp780 billion. The Company will offer 1.56 billion shares, representing 30% of its total issued and paid-up capital. The offering started in May 30, 2018 until June 4, 2018. Listing on the Indonesia Stock Exchange (IDX) is scheduled for June 8, 2018. Acting as underwriters for this IPO are CIMB Sekuritas Indonesia, Mandiri Sekuritas, and MNC Sekuritas.