National media quoted Michael Soeryadjaya, director of Saratoga Investama (SRTG), this week that SRTG will not launch initial public offering (IPO) of two subsidiaries, PT Tri Wahana Universal and PT Medco Power Indonesia, this year. These companies, however, will eventually be brought to the stock market next year or 2016, Michael said. What about performance of Saratoga-related IPOs in the past few years?

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