IPO Update Indonesia: Trisula Textile Industries Made Debut
So far this year, a total of 23 companies have conducted an initial public offering (IPO) - hence listed - on the Indonesia Stock Exchange. This is a good rebound from only 14 listings in 2016 when uncertain domestic and foreign conditions made companies hesitant to go public. Considering eight IPOs are currently in the pipeline, we should see a good year for IPOs in Indonesia.