Prodia diagnoses healthy markets with IPO launch

Indonesia's largest diagnostics company launches its flotation on schedule as equity markets remain buoyant following Donald Trump's unexpected election success.

PT Prodia Widyahusada TBk launched a $113 million to $144 million initial public offering on Thursday, confident that rising Asian equity markets combined with a smallish issue size and fast growing industry dynamics will underpin the deal's success.

¬ Haymarket Media Limited. All rights reserved.

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