State-owned port operator PT Pelabuhan Indonesia (Pelindo) II will launch the initial public offering (IPO) for its two subsidiaries—PT Indonesia Kendaraan Terminal (IKT) and PT Pelabuhan Tanjung Priok (PTP)—this year. Pelindo II will offer 30% shares of each unit, targeting to raise Rp1 trillion each, or combined Rp2 trillion funds.To subscribe please click here