Shipping IPOs continue in Jakarta


Jakarta: Capitol Nusantara Indonesia, a dry bulk shipping firm from Samarinda inEast Kalimantan, plans to sell a quarter of its equity in an initial public offering this year. The IPO could raise around $25m.
Another Indonesian shipping firm, Soechi Line, is also cued up to list this year at the increasingly busy Indonesia Stock Exchange.  [23/10/13]

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