Exclusive: Indonesia startup M Cash Integrasi sets IPO price band, receives strong anchor book

Exclusive: Indonesia startup M Cash Integrasi sets IPO price band, receives strong anchor book

Indonesian currency Rupiah on hold by a cashier. Photo: Reuters

Indonesia’s second e-commerce startup to go public, digital kiosk service provider M Cash Integrasi (MCI), has set its IPO price at between Rp 1,300 and Rp 1,450 ($0.097 – $0.11), DEALSTREETASIA has learnt.

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