JP Morgan Securities Indonesia has cancels to underwrite the initial public offering of 20%-30% shares of PT Darma Henwa.
Darma Henwa has targeted to get US$100 million from the IPO instead of US$200 million on the previous plan. Darma Henwa has filed the plan to Bapepam LK and the Jakarta Stock Exchange so that the IPO should be arranged next September.
Monday, July 23, 2007
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