BLOOMBERG/DIMAS ARDIAN
Indonesia’s Champ Resto, the operator of restaurant chains such as Gokana Ramen and Teppan, is weighing an initial public offering in the largest nation in Southeast Asia that could raise about $150 million, reported Bloomberg.
Deliberations are ongoing and there is no certainty that Capsquare and the company will proceed with the planned IPO.
Champ Resto joins Amman Mineral Nusa Tenggara, which owns the second-largest copper and gold mine in Indonesia as well as Lion Air in plans to list on the local stock exchange.
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CPI Financial was established in Dubai in 1999 to meet the needs of an ever-expanding financial community, offering a comprehensive portfolio of market-leading products and services tailor-made for the banking and financial services sectors.
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