PT Asia Vision Network (AVN) announced in a statement on Monday that it would list its shares on the United States' Nasdaq Composite index to become a US-listed Indonesian holding company, through a special purpose acquisition company (SPAC) merger with Malacca Straits Acquisition Co. Ltd. The planned listing hinges on AVN becoming a holding company formed from a merger between high-speed broadband and internet protocol TV (IPTV) service provider MNC Play, Android TV box PLAYBOX and mobile streaming application Vision+. AVN and Malacca Straits’ boards of directors have unanimously approved the merger, which is expected to close in the late second quarter or the early third quarter. Part of the MNC Group media conglomerate, AVN is the subsidiary of Indonesian media giant PT MNC Vision Networks (MVN). The deal estimates the combined value of the enterprises at US$573 m…