Indonesia's Mahaka Radio sets IPO price, to pursue acquisitions with proceeds

Indonesia's Mahaka Radio sets IPO price, to pursue acquisitions with proceeds

Photo by Mahaka Radio

Indonesia’s radio operator PT Mahaka Radio Integra Tbk, part of the Mahaka Group, has set its share price at Rp750 ($0.054 cent) a piece for the company’s initial public offering. Price is set at the lower end of its initial offering price range of Rp750 to Rp 1,100 per share.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter