lippo

The Lippo and Grab-backed startup, last valued at about $2.9 billion, is riding Indonesia’s cashless payments wave to bring merchants and financial institutions timely consumer insights. Ovo’s CEO Jason Thompson sees a fresh fundraising drive next year to support growth.

Chinese-Indonesian conglomerate raised $125m from secondary selldown of shares in Matahari Department Store, potentially creating an overhang for the remainder of its shares.

The Indonesian power producer hits the road ahead of bond refinancing plan.

The Indonesian developer returned to the bond markets this week, after an earlier debt exchange proved a flop. That previous failure turned out to be a blessing.

Indonesian property developer is believed to have pulled its liability management exercise as volatile markets get the better of it.

Having completed a technical IPO in June, the Indonesian TV operator hopes to build up an institutional investor base with a new deal, which launches roadshows on Monday.

The controlling shareholder of Singapore-based developer Overseas Union Enterprise sells $148 million worth of shares in a deal that will almost double the free-float to 20.7%.

Malaysian government investment arm diversifies into Indonesian banking sector.

Indonesia''s great bank sell off draws towards a close.