Media company Global Mediacom (BMTR), owned by the local tycoon, Hary Tanoesoedibjo, raised Rp154.95 billion from the rights issue (private placement) for 549.48 million new shares, priced at Rp282 and absorbed or purchased by Marco Prince Corp on Sep. 17, 2020. Earlier on Aug. 25, 2020, BMTR launched a private placement for 700 million new shares, priced at Rp200 per unit (Rp140 billion in total), purchased by Charlton Group Holdings Ltd. 

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