Sarimelati Kencana & Sriwahana Adityakarta to List on Indonesia Stock Exchange
Two companies are ready to conduct their initial public offering (IPO) on the Indonesia Stock Exchange in the second quarter of 2018. Firstly, Sarimelati Kencana, the operator of Pizza Hut Indonesia, is set to offer a 20 percent stake to the public in May 2018. Secondly, Sriwahana Adityakarta, a company that produces carton boxes, paper cones, and paper tubes, will offer a 22 percent stake to the public in June 2018.