JAKARTA/SINGAPORE : Indonesian palm oil producer PalmCo plans an initial public offering in Jakarta in the fourth quarter which could raise about $500 million, two sources familiar with the matter said.
When contacted by Reuters on Monday, Bambang Agustian, PTPN's corporate secretary, confirmed the company is targeting a fourth-quarter listing, but declined to comment on the proceeds. The company has appointed Mandiri Sekuritas, DBS, BNP Paribas and CIMB as underwriters for PalmCo's IPO, he added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Muhyiddin questions Malaysia PM Anwar’s decision to sign maritime border agreement with IndonesiaThe territorial seas treaties signed by Malaysia and Indonesia earlier this week involved the Sulawesi Sea and the southernmost part of the Straits of Melaka.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Diving into paradise: Discovering Indonesia's hidden gems beneath the wavesFrom the beautiful beaches of Bali to the remote islands of Raja Ampat, Indonesia has some of the most unreal diving spots in the world, with something for every diving aficionado of any level. When planning your diving getaway to Indonesia, don't forget to check out the ideal season for each dive spot and always keep in mind to respect...
Source: asiaonecom - 🏆 10. / 59 Read more »
Ketika ekstremisme dan isu identitas menguji moderasi beragama di IndonesiaProtes masyarakat terkait keikutsertaan Israel pada Piala Dunia U-20 membuat Indonesia kehilangan status tuan rumah pada ajang tersebut. Program Insight, CNA mengulas isu politik identitas dan Islam di Indonesia menjelang pemilu presiden tahun depan.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Agreements inked in S’pore show interest in Nusantara, more investments likely only after Indonesia polls: ExpertsAt least two companies have signed non-disclosure agreements to work on projects in Nusantara. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Fossil fuel company net zero plans ‘largely meaningless’: ReportMost targets do not fully cover or lack transparency on Scope 3 emissions, the biggest source of fossil fuel company emissions. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Businessman George Goh, 63, plans to contest Presidential Election, quits envoy post and pledges to be 'truly independent person'SINGAPORE — Local businessman George Goh announced on Monday (June 12) that he will be contesting the upcoming Presidential Elections.
Source: TODAYonline - 🏆 1. / 99 Read more »