Trading firm PT Sinar Eka Selaras Tbk (ERAL), a subsidiary of the country’s largest ICT retailer Erajaya Swasembada (ERAA), has on Friday last week (July 14) kicked off its initial public offering (IPO) for 1.03 billion shares, representing 20% of total issued and paid-up capital, priced at Rp370-410 range, to raise maximum proceeds of Rp425.37 billion.To subscribe please click here