PT MNC Digital Entertainment Tbk (MSIN), a prominent issuer owned by the Hary Tanoesoedibjo family, is set to pursue a secondary listing on the Hong Kong Exchanges and Clearing Limited (HKEX). This strategic move aims to significantly broaden the company’s access to global funding avenues.
According to Angela Tanoesoedibjo, MSIN’s President Director, the submission of the A1 document to HKEX marks a pivotal milestone in the company’s transformation into a globally oriented digital entertainment group.
“This initiative underscores our commitment to expanding access to international capital while simultaneously fortifying our strategic position within the dynamic global media landscape,” Angela stated, as disclosed in an information filing with the Indonesia Stock Exchange (BEI) on Tuesday, April 28.
Tanoesoedibjo emphasized that HKEX’s robust liquidity and extensive global investor base are expected to significantly accelerate MSIN’s international expansion, particularly in the development of its over-the-top (OTT) platforms and cutting-edge digital content offerings. The Hong Kong Exchange boasts an impressive average daily transaction value exceeding US$30 billion.
To facilitate this ambitious plan, MSIN has strategically engaged a formidable team of global advisors. China International Capital Corporation (CICC) has been appointed as the sole sponsor, with Latham & Watkins serving as legal counsel and Ernst & Young as reporting accountants. Furthermore, the Bank of New York Mellon has been designated as the custodian bank for the issuance of Hong Kong Depositary Receipts.
The planned listing aligns perfectly with MSIN’s overarching global expansion strategy. Demonstrating this forward momentum, in March 2026, the company launched V+ Short, a micro-drama platform specifically targeting global users with short-form vertical video content. This innovative platform is designed to maintain high user engagement through a continuous supply of fresh daily content.
Currently, MSIN operates a comprehensive and integrated digital entertainment ecosystem. This robust ecosystem spans a wide array of services, including advertising-video-on-demand (AVOD) and subscription-video-on-demand (SVOD) offerings, content production and distribution, artist management, and specialized digital marketing solutions.
Further bolstering its strategic capabilities, MSIN has also appointed Smash Capital as a key strategic advisor. Under the leadership of Kevin A. Mayer, the firm will provide invaluable insights concerning MSIN’s global strategy, potential merger and acquisition opportunities, and other critical growth initiatives.
This strategic expansion into the Hong Kong market is poised to significantly solidify MSIN’s standing as an integrated digital entertainment powerhouse, aggressively pursuing further growth and market penetration across international markets.
On the trading day of Tuesday, April 28, at 10:15 AM Western Indonesia Time, MSIN’s stock price experienced a dip, falling 5.42% to Rp 790. Despite this intraday fluctuation, the company’s shares have demonstrated remarkable performance year-to-date, surging an impressive 88.10%.
Summary
PT MNC Digital Entertainment Tbk (MSIN) is pursuing a secondary listing on the Hong Kong Exchanges and Clearing Limited (HKEX) to increase access to global capital and support its international expansion. By leveraging the HKEX’s high liquidity, the company aims to accelerate the development of its digital content and over-the-top (OTT) platforms, including the recently launched V+ Short micro-drama service.
To support this strategic move, MSIN has appointed a team of global advisors, including China International Capital Corporation and Smash Capital, to guide its growth and potential acquisition initiatives. Despite recent intraday stock price fluctuations, the company remains focused on strengthening its position as an integrated digital entertainment powerhouse within the competitive global media landscape.