Indonesia Dealbook: Pizza Hut operator to conduct IPO; Plug and Play forays into new verticals

Indonesia Dealbook: Pizza Hut operator to conduct IPO; Plug and Play forays into new verticals

An electronic board at the Indonesia Stock Exchange (IDX) in Jakarta. REUTERS/Beawiharta

The operator of Pizza Hut Indonesia, PT Sarimelati Kencana, has announced to offer up to 604.375 million new shares priced between Rp 1,100-Rp 1,350 apiece, while accelerator GK Plug and Play Indonesia has announced the addition of new verticals for later stage startups.

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