16 Jan '11, 4am

Garuda to launch IPO

JAKARTA: Indonesia's national carrier Garuda has scheduled its initial public offering (IPO) listing on February 11, around Hong Kong, London and New York, in what may be the biggest listing on the Indonesian share market this year. Its IPO may raise up to 10.3 trillion rupiah ($1.1 billion) through the sale of 9.32 billion shares, or 36 per cent of its capital, at between 750 and 1,100 rupiah each. At that scale it is likely to be the biggest listing on the Indonesian share market -- which soared 46 per cent last year -- in 2011 and one of the largest in what is expected to be a busy year for underwriters across Asia. Under the stewardship of former banker Emirsyah Satar, the airline has fixed the safety concerns that saw it banned, along with every other Indonesian airline, from European skies in 2007. The ban was lifted in 2009 and Garuda is now hoping to cash in on inv...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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sg.finance.yahoo.com 12 Jan '11, 6pm

{ "market" : {"NAME" : "", "ID" : "sg", "TZ" : "", "TZOFFSET" : "28800", "open" : "", "close" : "", "flags" : ""} ,"STREAM...

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channelnewsasia.com 20 Jan '11, 9am

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sg.finance.yahoo.com 26 Jan '11, 10am

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