Indonesia's Garuda initial share sale has raised only half its hoped-for US$1 billion - at approximately US$476 million. Commentators say that despite recent strides made by the carrier in terms of safety and service, the market still treats it with caution.
Garuda IPO less than 50pc of target
Latest News
Thursday, 27 January 2011
Indonesia's Garuda initial share sale has raised only half its hoped-for US$1 billion - at approximately US$476 million. Commentators say that despite recent strides made by the carrier in terms of safety and service, the market still treats it with caution.
