SCMA ‐ Affiliated land acquisition

SCMA ‐ Affiliated land acquisition Surya Citra Media (SCMA) conducted an affiliated transaction through its subsidiary Indosiar Visual Mandiri (IVM), which acquired 4,790 m² of land and building in Joglo, West Jakarta, from fellow affiliate Indosurya Menara Bersama (ISMB) for IDR48.4 bn. The site, previously leased by IVM for its broadcast tower, was purchased to secure long-term operational certainty. (Source : Company)