PT. Media Nusantara Citra Tbk (IDX:MNCN) announced a private placement of 173,684,210 new shares at a price of Rp 100 per share, exercise price of Rp 855, for gross proceeds of Rp 17,368,421,000 on October 13, 2020. The transaction included participation from Value Partners Greater China High Yield Income Fund (FUND:), a fund managed by Value Partners Hong Kong Limited.