JAKARTA (Indonesia Today) - The Indonesia Stock Exchange (IDX) expects 30 companies to launch the initial public offering (IPO) in 2013, a 20% rise compared to targeted 25 IPOs this year.
Ito Warsito, IDX president director, said 17 companies have launched IPO during Jan-Oct of 2012 period, making listed companies to total 455. He said, on the IDX pipeline, another 11 companies will launch IPO in the rest of this year.
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