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View all search resultsThe company declined to disclose the target size for the listing but revealed that its current valuation was around US$300 million, a significant increase from the $150,000 the founders initially invested a decade ago.
According an anonymous letter, some employees have added costs ranging from hundreds of millions of rupiah to over Rp 1 billion (US$65,000) to expedite initial public offering (IPO) procedures for companies looking to list on the exchange.
Mexican food chain Guzman Y Gomez served up Australia's best initial public offering debut in three years with its shares leaping more than one-third on their first trading day on Thursday, sending an upbeat signal about investor sentiment.
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