Sido Muncul Sets IPO Price at Rp580

JAKARTA (Yosefardi) – PT Industri Jamu Dan Farmasi Sido Muncul Tbk, one of Indonesia’s largest herbal medicine makers, has set its IPO price for 1.5 billion shares at Rp580 per share, to raise total proceeds of Rp870 billion. The IPO proceeds will be used for...