Indonesian hospital operator PT Mitra Keluarga Karyasehat aims to raise 4.5 trillion rupiah ($344.56 million) in an initial public offering (IPO) after setting the offering price at 17,000 rupiah per share, IFR reported on Mar. 9.
The company will sell 262 million shares in the IPO. It previously set an indicative price range of 14,500 to 18,000 rupiah per share. ($1 = 13,060.0000 rupiah).
Indonesia’s rapidly proliferating legal market has a new entrant as tax and trade attorney Riza Buditomo leaves the partnership at Armand Yapsunto Muharamsyah & Partners (AYMP) to launch Anagata Law Firm, which will focus on corporate, commercial, trade and tax work.
Three partners of Singapore’s Oon & Bazul, led by former commercial arbitration head Suresh Divyanathan, have left the firm to set up a new disputes-focused law firm called Dauntless Law Chambers.
Singapore-based law firm Helmsman has launched new intellectual property (IP) and technology, media and telecommunications (TMT) practice groups with the appointment of Basil Lee as associate director.