JAKARTA, Nov 21 (Bloomberg): An Indonesian dairy producer priced its initial public offering near the top end of a marketed range, raising about $260 million in what’s set to be the nation’s biggest first-time share sale by a food company in more than a decade.
PT Cisarua Mountain Dairy, known as Cimory, set the price of its shares at 3,080 rupiah (22 cents) each, according to Corporate Secretary Bernard Moller.
Listing is tentatively scheduled for Dec. 6, according to filings.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
