MPM hits the road for Indonesian IPO

The distributor of Honda motorcycles is seeking to raise up to $178 million from an IPO, while Hero Supermarket plans a rights issue.

<div style="text-align: left;"> MPM distributes Honda motorcycles in Indonesia </div>

May 02, 2013

The distributor of Honda motorcycles in Indonesia, Mitra Pinasthika Mustika (MPM), is seeking to raise $150 million to $178 million from an initial public offering with the bookbuilding and management roadshow already underway.

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