-- The Indonesia Stock Exchange (IDX) said 15 firms are in the process of launching IPOs on the bourse as of April 30, The Jakarta Globe reported May 3.
Of the companies, 11 are large-scale firms with assets exceeding 250 billion Indonesia rupiah in value, The Jakarta Globe reported citing IDX Corporate Valuation Director Gede Nyoman Yetna.
The other four are reportedly medium-sized companies with between 50 billion Indonesia rupiah and 250 billion Indonesia rupiah in assets.
The prospective issuers belong to a variety of niches, including energy, finance, healthcare, infrastructure, and technology, according to the report.
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