Telkom Indonesia unit Mitratel weighs US$1bil IPO


JAKARTA, April 13 (Bloomberg): PT Dayamitra Telekomunikasi, the infrastructure unit of state-owned PT Telkom Indonesia, is considering an initial public offering in Jakarta that could raise about US$1 billion, in what could be the country’s biggest first-time share sale in more than a decade, people familiar with the matter said.

Dayamitra, also known as Mitratel, has asked for proposals on the potential offering and could pick advisers soon, said the people, who asked not to be named as the information is private.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Concierge allegedly made off with over S$47,000 of residents’ money, stole items worth more than S$2mil
Malaysian actress Jasmine Suraya Chin says she lives 10 minutes away from LA wildfires
Forest fires continue to ravage Nakhon Ratchasima, arson suspected
Malaysia wants a peaceful Asean free of conflict amid South China Sea tensions, says Khaled
Two dead, residents evacuated from seven floors of Hougang HDB block in Singapore after fire breaks out
Former ASNB employee charged with CBT involving over RM263,000
Cops uncover Bitcoin mining operation stealing electricity in Sepang
Laos issues alert for cold
Only the Pardons Board can release the minutes of Najib's pardon deliberations, says Dr Zaliha
Three arrested in connection with bodies discovered in Kulai

Others Also Read