Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO

Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO

Jakarta-based PT Nusantara Sejahtera Raya, which owns the country’s largest cinema chain, Cinema XXI, is said to raise up to $300 million in its initial public offering (IPO) by early 2024, according to several sources familiar with the matter.

Edited by: Padma Priya

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