JAKARTA, Aug 29 (Bloomberg): J&T Express, an Indonesian courier company, is considering shifting its planned US initial public offering to Hong Kong in a debut that could raise about $1 billion, according to people familiar with the matter.
The Jakarta-based company is working with Bank of America Corp., China International Capital Corp. and Morgan Stanley on the potential first-time share sale as soon as next year, the people said, asking not to be named as the matter is private.
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