Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

Sriboga expects to raise $72m from IPO to finance expansion

  • Linda Yulisman

    The Jakarta Post

Jakarta | Wed, February 27 2013 | 12:57 pm

PREMIUM Major flour producer and food chain operator PT Sriboga Raturaya plans to float its shares on the bourse this year, aiming to generate up to Rp 700 billion (US$72.11 million) to support its expansion plans.

“We will offload shares that will account for between 10 percent and 25 percent of our enlarged capital, depending on the situation,” president director Alwin Arifin said during a pr...