Tuesday, February 1, 2011

Garuda launches IPO on Wednesday

The Jakarta Post, Jakarta | Wed, 02/02/2011 10:38 AM | Business

After a two-week international roadshow, PT Garuda Indonesia Tbk will launch its highly anticipated initial public offering on Wednesday.

Garuda’s entry into the Indonesian Stock Exchange (IDX) will be preceded by the opening of the Bank Mandiri building next to the IDX building on Jl Sudirman, South Jakarta on Wednesday, as reported by tribunnews.com.

PT Garuda previously announced it would offer IPO shares in trading sessions on Feb 2., Feb 4. and Feb 7.

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