Indonesia's Bali United to be first listed football club in SEA, eyes up to $25m from IPO

Indonesia's Bali United to be first listed football club in SEA, eyes up to $25m from IPO

Indonesian football club Bali United is set to become the first football club to go public in Southeast Asia, after it announced plans to raise up to Rp 350 billion ($25 million) from an IPO on the Indonesian Stock Exchange (IDX).

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