Investors have the hots for Indonesia as IPOs hit screens

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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