buana capital

Erajaya raises $100 million from Indonesian IPO

The Indonesian mobile retailer sells 32% of its share capital at the bottom of the price range. Meanwhile, New World Development's rights issue ends significantly oversubscribed.

December 04, 2011

Indonesian mobile retailer kicks off $200 million IPO

Erajaya, the country's leading mobile phone retailer, is offering up to 40% of its share capital. Meanwhile, Xinyi Glass cancels the spin-off of its solar glass unit and, in Thailand, Big C postpones its rights issue EGM due to floods.

November 17, 2011