Books open ahead of Mitra Keluarga IPO

The Indonesian hospital operator is looking to raise up to $369 million from the flotation. If successful, it will be the country's first IPO this year, and the largest ECM transaction.

Books opened on Friday for Mitra Keluarga Karyasehat's IPO, which could net the Indonesian hospital operator up to Rp4.71 trillion $369 million.

If successful, the IPO will be the country's first this year, and the largest ECM transaction to date.

On offer are some 261.9 million shares - or 18% of the enlarged share capital - at an indicative price range of Rp14,500 to Rp18,000 per unit, according to a term sheet seen by FinanceAsia.

Depending on where the shares price, the group could net between IDR3.8 trillion and Rp4.71 trillion.

Some 28% of the 261.9...

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