Investors have the hots for Indonesia as IPOs hit screens

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By John Loh
19 Apr 2018

Indonesian issuers continued to keep the market focused on new equity fundraisings, as several IPOs launched this week.

Medikaloka Hermina hit screens on Wednesday with a flotation to raise up to Rph2.6tr ($193m). The private hospital group is marketing its shares within a Rph3,700 to Rph5,000 per share range.

There are 529.7m shares on offer. Hermina will sell 351.4m primary shares to the public while a ...

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