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Indonesia Air Transport to float 432 mln shares at 130 rupiah per share

Analysis

Jakarta (XFNews-ASIA) - Charter airline PT Indonesia Air Transport, a unit of the PT Bimantara Citra group, will sell 432 mln shares, or 20.19 pct of its enlarged capital, though an initial public offering (IPO) at a price of 130 rupiah per share, Indonesia Air Transport said.

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