Indonesia’s PT Saratoga Investama Sedaya Tbk (SRTG), its unit PT Mitra Pinasthika Mustika Tbk (MPMX) and Golden Valley Advisors Inc. have dropped plans to buy a 51 per cent stake in taxi operator PT Express Transsindo Utama Tbk (TAXI) from PT Rajawali Corpora due to volatile market conditions, according to its filing to the Indonesia Stock Exchange.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
