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20230911_MNCN_Laporan Informasi dan Fakta Material_31409367_lamp2.pdf
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PT MEDIA NUSANTARA CITRA Tbk
(IDX: “MNCN”)
INVESTOR RELEASE | Jakarta, 11 September 2023
As the largest and most integrated media & entertainment group in the country, PT Media
Nusantara Citra Tbk (“MNCN” or the “Company”) has proudly launched its first music festival at Lido
Music and Arts Center called “LMAC MUSICFORALL FEST”. The event ran for two days on 8 and 9
September 2023, showcasing many line-ups with renowned K-Pop stars from South Korea like
Taeyang, The Rose, Secret Number, and Apink headlining the event. Indonesian big names, such as
Mahalini, Rizky Febian, Gigi, Maliq & d'Essentials, Weird Genius, Fourtwnty, and DJ Dipha Barus
were also performing.
The venue was equipped with a large scale stage production to give world class concert experience
for visitors, and packed with many exciting promotional activities as well as various F&B stalls.
People were welcomed to watch spectacular performance, while enjoying an array of delectable
fare made available on site.
(On Stage Performing Artist)
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“LMAC MUSICFORALL FEST” has successfully sold
80,000 tickets and was noted as one of the biggest
concert events of the year. The festival has also
attracted many sponsors from big multinational and
local companies including Vuse (part of British
American Tobacco), IQOS (part of Philip Morris
Sampoerna), Trebel, Grab, Yamaha, Casablanca,
Telkomsel, Cedea, Kalpanax, Adem Sari, Plosa, Tolak
Angin and many more. LMAC also supported many
local small-medium enterprises by inviting them to
participate in the festival.
As a part of SEZ MNC Lido City, LMAC sits on a 5.5 hectares of land and was designed to
accommodate up to 4 events simultaneously, making it one of the largest outdoor concert
venues in Indonesia. Situated amidst Mount Salak, Mount Gede, and Mount Pangrango, LMAC
benefits from a refreshing cool climate ranging from 22 -25°C year-round, providing great
atmosphere and beautiful change of sceneries for festival goers.
With the increasing demand for festivals and live concerts all over the world, the Company will
venture more into this business to provide new revenue streams for the Group derived from
sponsorships and ticketing. In the future, MNCN is planning to create more music festival or events
for both local and international artist on a quarterly basis.
(LMAC Photos)
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Comments from Hary Tanoesoedibjo, Executive Chairman of MNC Group
“ The grand opening of LMAC was phenomenal and exactly what the Company was aiming for.
We are very delighted with the enthusiasm from over 80,000 people that were present at the
festival to witness and enjoy great performances showcased by big talents from Indonesia
and South Korea. In addition, we are positive that this venue will be a great revenue generator
for the Company going forward, especially with the increase appetite for festivals and concerts
in the country. All in all, we are happy with the development of LMAC and we cannot wait to
host more exciting festivals in the future.
For further information, please contact:
”
Investor Relations: PT MEDIA NUSANTARA CITRA Tbk
Luthan Fadel Putra MNC Tower, 29th floor
luthan.putra@mncgroup.com Jl. Kebon Sirih Kav 17 - 19
Samuel Hartono Tanoesoedibjo Jakarta 10340
samuel.tanoesoedibjo@mncgroup.com
Stefanie Laurensia Prasetyo Phone: 62-21 3913338
stefanie.prasetyo@mncgroup.com Fax : 62-21 3910454
Tallytha Amanda
tallytha.amanda@mncgroup.com
Disclaimer
By accepting this Press Release, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these
restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this Press Release have
not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be
placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to
provide, and you may not rely on this Press Release as providing, a complete or comprehensive analysis of the condition (financial or
other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The
information and opinions contained in this Press Release are provided as at the date of this presentation and are subject to change
without notice. Neither the company (including any of its affiliates, advisors and representatives) nor the underwriters (including any of
their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for
the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever
arising from any use of this presentation. In addition, the information contained in this Press Release contains projections and forward-
looking statements that reflect the company’s current views with respect to future events and financial performance. These views are
based on a number of estimates and current assumptions which are subject to business, economic and competitive
uncertainties and contingencies as well as various risks and these may change over time and in many cases are
outside the control of the company and its directors. No assurance can be given that future events will occur, that projections will be
achieved, or that the company’s assumptions are correct. Actual results may differ materially from those forecasts and projected. This
Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for any
securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision
in relation thereto. Any investment in any securities issued by the company or its affiliates should be made solely on the basis of the final
offer document issued in respect of such securities.
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