Puradelta pulls $191m IPO rather than shrink price, size
Puradelta Lestari pulled its IPO on Wednesday after deciding against launching a revised offer. The retraction comes after the Indonesian industrial park developer delayed pricing from August 2 following a 20% fall in the nearest comparable.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts