IPO to Watch: Madusari Murni

PT Madusari Murni Indah Tbk, engaging in basic chemical industry, producing ethanol, has kicked off its initial public offering (IPO) for 495.94 million shares, representing 20% of its total issued and paid-up capital. Eight years ago, the group actually started IPO for subsidiary PT Molindo Raya Industrial, but aborted.

Read More