Indonesia's Aneka Gas Industri Targets $75M In IPO

Reuters

JAKARTA, Aug 22 (Reuters) - Indonesian gas producer PT Aneka Gas Industri set its initial public offering price range at 1,000-1,290 rupiah per share, the company's president director, Heyzer Harsono, said on Monday.

The company plans to sell as many as 766.7 million shares, according to a prospectus published on Monday. At the top of the range the company may raise 989 billion rupiah ($74.78 million).

(Reporting by Cindy Silviana; Writing by Fransiska Nangoy; Editing by Stephen Coates)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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