FMCG firm Kino Indonesia eyes $73m from IPO despite market slump

FMCG firm Kino Indonesia eyes $73m from IPO despite market slump

Management of Kino Indonesia - Photo by Company

Indonesia-based fast-moving consumer goods firm PT Kino Indonesia is hoping to raise Rp1 trillion ($73.53 million) from an initial public offering (IPO) in Indonesia Stock Exchange (IDX), said the company in a press statement.

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