Posted by: biznews
GOI/Sun Business to Buy Content Firm for $6.2m - 19 Dec 06 03:13
From Government of Indonesia
Sun Business to Buy Content Firm for $6.2m
Sun Business Network Ltd (SBN) said it will buy Maestro Mind International Ltd, a holding company that owns 95% of mobile content developer PT Monstermob Indonesia (PMTI) for $6.2 million, XFN-Asia reported.
“PTMI will help us penetrate the rapidly expanding Indonesian mobile media industry,” SBN's managing director, Ricky Ang, said in a statement.
“We are confident that PTMI will contribute significantly to our business in the years to come,” he added.
Sun Business to Buy Content Firm for $6.2m
Sun Business Network Ltd (SBN) said it will buy Maestro Mind International Ltd, a holding company that owns 95% of mobile content developer PT Monstermob Indonesia (PMTI) for $6.2 million, XFN-Asia reported.
“PTMI will help us penetrate the rapidly expanding Indonesian mobile media industry,” SBN's managing director, Ricky Ang, said in a statement.
“We are confident that PTMI will contribute significantly to our business in the years to come,” he added.