Grab-Backed Super Bank Is Said to Consider Jakarta IPO This Year

By Yahoo! Finance   |   1 day ago
Grab-Backed Super Bank Is Said to Consider Jakarta IPO This Year

Super Bank Indonesia, part of PT Elang Mahkota Teknologi Tbk., is considering an IPO in Jakarta this year to raise $200-300 million. Backed by Grab Holdings Ltd., Singtel, and KakaoBank Corp., it aims for a valuation of $1.

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