Indonesian Political, Business & Finance News

Sun Business to Buy Content Firm for $6.2m

| Source: GOI
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.
Tags: business
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