/EMTK Strengthens Grip on Media Powerhouse SCMA: A Strategic Stake Increase
Stock EMTK SCMAOctober 10, 2025

EMTK Strengthens Grip on Media Powerhouse SCMA: A Strategic Stake Increase

Elang Mahkota Teknologi (EMTK), the controlling shareholder of Indonesia’s prominent media conglomerate Surya Citra Media (SCMA), recently amplified its ownership in a significant corporate maneuver. The company executed a substantial share purchase of approximately 257 million SCMA shares between September 30 and October 7, 2025, signaling a clear vote of confidence in its media arm.

EMTK’s Strategic Accumulation: Unpacking the Numbers

During the specified period, EMTK acquired the shares at an average price of around IDR 400 per share. This calculated move translated into a total investment valued at approximately IDR 102.8 billion. Following this strategic action, EMTK’s stake in SCMA has edged up from 67.20% to 67.55%, solidifying its dominant position within the media giant. This transaction underscores EMTK’s long-term vision for its media assets and its commitment to the sector.

Why the Increase? A Broader Strategic Perspective

As the parent company, EMTK‘s decision to boost its shareholding in SCMA is often interpreted as a strategic maneuver rather than a mere market play. It reflects a deeper commitment to the future trajectory of Surya Citra Media, which operates leading broadcast channels like SCTV and Indosiar, alongside a growing digital presence. Such an increased stake can empower EMTK with even greater control over SCMA’s strategic direction, operational efficiencies, and capital allocation, ensuring tighter integration within the broader EMTK ecosystem. This move could also be a proactive step to consolidate control amidst evolving media landscapes.

Investor Outlook and Market Implications

For investors, EMTK’s reinforced ownership in SCMA could be a potent signal. It suggests that the parent company perceives SCMA‘s current valuation as attractive and its future growth prospects strong. This vote of confidence from a well-informed insider might provide a positive sentiment boost, potentially attracting further investor interest in both EMTK and EMTK‘s recent acquisition of approximately 257 million SCMA shares between September 30 and October 7, 2025, underscores a firm commitment to its media subsidiary.

  • The transaction, valued at approximately IDR 102.8 billion, increased EMTK’s ownership from 67.20% to 67.55%.
  • This move solidifies EMTK’s strategic control over Surya Citra Media, a dominant force in Indonesian broadcast and digital media.
  • Investors may view this increased stake as a significant vote of confidence, potentially influencing market sentiment positively for both EMTK and