Indonesian Conglomerate CT Corp Embarks on Journey Toward IPO (Nikkei Asia)

The founder of CT Corp, one of Indonesia’s largest conglomerates, aims to modernize and list the massive 34-year-old entity — and is banking on Japanese expertise to make it happen.
 
Giving up their closely held status is a rarity among family-run Indonesian business groups, but Chairul Tanjung, who is also CT’s chairman, sees an IPO as a way to make a “global champion” of the company, whose businesses span media, entertainment, finance and retail. READ MORE (GOOGLE CACHE)

Similar Posts:

• Cash Splash: How Sea Became Southeast Asia’s Biggest Public Company (Nikkei Asia)
• Indonesia to Jump on IPO Boom by Listing 14 State-owned Companies (Nikkei Asia)
• Xiaomi Smartphones Are Coming to an Emerging Market Near You (Bloomberg / Tech in Asia)
• Indonesia’s Energy Pipeline Springs Leak as Chevron Eyes Exit (Nikkei Asia)
• Southeast Asia Bucks Trend of Sinking Global Foreign Investment (Nikkei Asian Review)
• Microsoft Sees Asian Emerging Markets as a Way to Get Ahead of Rivals (Seattle Times)
• The World in 2050 (PWC)
• Indonesia’s Unicorns Lure US Tech Giants From Google to Facebook (Nikkei Asia)
• What Makes Asia−Pacific’s Generation Z different? (McKinsey & Co)
• Indonesia: Promise and Pitfalls for 7-Eleven (Nikkei Asian Review)
• Mark Mobius’s Favorite Emerging Markets: Indonesia, Russia, Brazil, Vietnam and South Africa (WSJ)
• COVID Surge Puts Brakes on Thai and Malaysia Growth: Survey (Nikkei Asia)
• Fortune Magazine’s Best Emerging Markets to Invest in Now
• Indonesia’s Smaller Cities Catching Eye of Startup Investors (Nikkei Asia)
• Small But Mighty: Seizing Untapped Opportunities in Southeast Asia (Nielsen)