Two Indonesian football clubs eye capital markets to raise funds

Two Indonesian football clubs eye capital markets to raise funds

Photograph: REUTERS/Nigel Roddis

Two Indonesian football clubs have reportedly expressed their interest to tap the capital markets to raise funds, an Indonesian Stock Exchange (IDX) director told reporters in Jakarta recently.

Tito Sulistyo, president director of IDX said that he has asked the Institute of Indonesia Chartered Accountant (IAI) to “look into the matter”.

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