After years of on-and-off plan for an initial public offering (IPO), PT Indonesia Airasia will indirectly list its shares on Indonesia Stock Exchange (IDX) through PT Rimau Multi Putra Pratama (CMPP) Tbk. Shareholders of CMPP are set to make decision about the issuance of new shares in early October, proceeds of which will be mostly used to purchase perpetual securities that can be converted into the shares of Indonesia Airasia.To subscribe please click here