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Tencent sells 3% stake in Indonesia's MD Entertainment for $19m

Tencent sells 3% stake in Indonesia's MD Entertainment for $19m

Photo by Pixabay

China’s Tencent, through its subsidiary Image Frame Investment (HK), has sold a 3% stake in the Indonesia-listed production house MD Entertainment for 302 billion rupiah ($19 million).

Edited by: Pramod Mathew