Press Release

Vidio, the number 1 Local Over-The-Top (OTT) platform in Indonesia owned by PT Surya Citra Media Tbk (SCMA:JK) and part of PT Elang Mahkota Teknologi Tbk (Emtek Group: EMTK:JK) secured an additional investment of US$ 45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas Gemilang (DSST), undertakes the largest portion in this investment round. Other prominent investors also participate in this round, such as Grab LA Pte Ltd (Grab), a subsidiary of Grab Holdings Limited which operates the leading super-app platform in South East Asia, and PT Ekonomi Baru Investasi Teknologi (EBIT), the subsidiary of the football club, Bali United.