PT Visi Asia Media Tbk (VIVA), member of Bakrie Group, gained approval from shareholders for divesting a maximum of 15% shares of PT Intermedia Capital Tbk (MDIA) for Rp1.8 trillion. Anindya Novyan Bakrie, VIVA’s president director, said the fund raised would be used to pay debt of US$60 million to Credit Suisse.To subscribe please click here