Tempo Scan re-IPO

Tempo Scan share sale increased to $229 million

Robust demand from high-quality institutions allows the majority owner to sell more shares than planned in Tempo Scan, an Indonesian pharmaceutical and consumer products company.
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Tempo Scan's $229 million offering is the biggest equity deal in Indonesia this year
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<div style="text-align: left;"> Tempo Scan's $229 million offering is the biggest equity deal in Indonesia this year </div>

The controlling shareholder of Indonesia’s Tempo Scan Pacific has raised Rp2.12 trillion ($229 million) from the sale of existing shares through a fully marketed transaction that was enlarged beyond the previously announced deal size, pushing the free-float above 20%.

¬ Haymarket Media Limited. All rights reserved.

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