Indonesia’s MNC Group on SPAC Listing, Trump Relationship

The video discusses the choice of using a SPAC over a traditional IPO, highlighting the readiness, cash availability, and personal connections involved. It addresses potential regulatory concerns and SEC requirements. The company plans to use funds for expanding its business in Indonesia, focusing on local content. Partnerships, including one with Donald Trump, are explored, along with changes in business models to adapt to market conditions.

What are some reasons mentioned for choosing a SPAC over a traditional IPO?

• SPACs offer better interest rates.

• SPACs require less regulatory compliance.

• SPACs are already listed and have cash available.

• SPACs are more popular in Indonesia.

Why is the company choosing to list in the US instead of Indonesia?

• The US market has lower taxes.

• The US market has a better understanding of digital businesses.

• The US market has more investors.

• The US market is less competitive.

What is the intended use of the funds raised through the SPAC?

• To expand the GT ATT business in Indonesia.

• To invest in real estate in the US.

• To acquire a competitor.

• To pay off existing debts.

What is the current status of the company's talks with Canal Plus and Disney?

• The talks have been successful.

• The talks have been postponed.

• The talks are ongoing.

• The talks have ended with no chance of revival.

How is the company planning to adapt its Bali project given the current market conditions?

• By focusing solely on international buyers.

• By reducing the prices of the properties.

• By converting it into a commercial complex.

• By adding more entertainment options to attract families.