Sariguna Primatirta, Indonesia's listed bottled water producer, plans to open three new factories soon. The company, which sells its bottled water under the Cleo Pure Water brand, is eager to expand its manufacturing and distribution networks across the Archipelago. Sariguna Primatirta, which was established in 2003, conducted its initial public offering (IPO) on the Indonesia Stock Exchange earlier this year.

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So far in 2017 there has been limited enthusiasm of companies to conduct an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). However, there is now some more activity visible. On Friday (05/05) bottled water producer Sariguna Primatirta was officially listed on the IDX, while three other companies - Cahayasakti Investindo, Pelayaran Tamarin, and Terregra Asia Energy - are to follow soon.

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