The appetite of companies to launch the initial public offering (IPO) this year continues to grow amid the global uncertainty due to the wake of the Covid-19 outbreak. Some companies have also launched bond issues. So far, 24 companies have announced their IPO program, of which 14 companies have listed their shares on the Indonesia Stock Exchange (IDX) so far this year. And some 13 companies have a bond issue program. IDX management targets 50 companies to launch an IPO this year.
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