Bank DKI Considers $200 Million Jakarta IPO as Soon as 2023
- An offering could raise $150 million to $200 million
- BCA, CIMB, Mirae, Sucor are picked to arrange share sale
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PT Bank DKI, one of Indonesia’s biggest regional development banks, is considering an initial public offering in Jakarta that could raise $150 million to $200 million, according to people familiar with the matter.
The lender is working with PT BCA Sekuritas and PT CIMB Niaga Sekuritas Indonesia on the potential listing, which could happen as soon as this year said the people. PT Mirae Asset Sekuritas Indonesia and PT Sucor Sekuritas are also advising Bank DKI on the share sale, the people said, asking not to be identified as the information is private.