PT MNC Sky Vision, subsidiary of PT Global Mediacom (BMTR) Tbk, has applied for an initial public offering (IPO) on March 30, 2012. Reuters reported that MNC Skyvision seeks up to US$400 million from the IPO of up to 30% shares. If that’s true, MNC Skyvision, operator of Indovision cable TV, is valued up to US$1.3 billion, right? That much?

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