Chandra Asri eyes $462m rights issue to free up float

John Loh

May 31, 2017 08:15 am

indonesia_statue_230px — JAKARTA - OCTOBER 6: Statue of Prince Diponegoro riding a horse made by Italian artist, Prof. Coberlato. October 6, 2010 in Jakarta, Indonesia | Photographer: Alexander A.Trofim/trofotodesign - Fotolia

Chandra Asri Petrochemical is looking to bring a Rph6.2tr ($462.2m) rights-plus-block trade combo to the market, in what will be a liquidity event for the Indonesian firm.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Deutsche Bank Equity Asia Follow-ons and Rights Issues Asia Southeast Asia BNP Paribas Indonesia Asia Pacific ABBs-Block Trades Follow-ons and Rights issues Emerging Markets

JL

John Loh