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View all search resultsThe planned initial public offering of Indonesia’s oil and gas company Pertamina Hulu Energi will not happen this year and a new timing will be determined later, according to media reports citing a senior government official.
More Indonesian small and medium enterprises (SMEs) are embarking on a journey to become listed companies in what analysts describe as a better way to grow and expand their businesses, rather than relying on traditional bank loans or internal cashflows.
Last year’s soaring commodity prices and the government’s downstream development push have prompted massive investment into metal mineral industries, which is expected to give Indonesia Stock Exchange a record year for public listings.
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