Indonesia Digest: Rimo rights issue; MPM sells unit; MNC’s $2.2b capex

Indonesia Digest: Rimo rights issue; MPM sells unit; MNC’s $2.2b capex

MNC Land and MCC Group joint press conference. Photo by Antonia Timmerman

After a delay of almost two years, Indonesia-listed firm Rimo International Lestari is set on closing its rights offering and acquisition deals next month in its bid to enter the property business.

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