Two new issuers on the Indonesia Stock Exchange, namely PT Multi Garam Utama Tbk and PT Minahasa Pembangunan Hebat Tbk, will soon realize public funds obtained from their initial public offering.
Nusantara Sejahtera Raya s IPO propelled Benny Suherman, the company’s cofounder and major shareholder, into the billionaire ranks with an estimated net worth of about $1.1 billion.