Exclusive: Indonesian hospitality major Ismaya plans to raise over $30m via stake sale

Exclusive: Indonesian hospitality major Ismaya plans to raise over $30m via stake sale

A food vendor pushes his cart across the road near the Hotel Indonesia Roundabout in Jakarta, Indonesia, on Tuesday, Dec. 10, 2013. Photographer: Dimas Ardian/Bloomberg

Indonesia’s hospitality major Ismaya Group, which owns award-winning restaurants and lounges, is planning to raise over $30 million via a stake sale, three people aware of the development told DEALSTREETASIA.

Bring stories like this into your inbox every day.

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