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Gummy bear-maker Yupi looks to raise $130m from Indonesia IPO

Gummy bear-maker Yupi looks to raise $130m from Indonesia IPO

Yupi candies on display in a convenience store in Singapore.

PT Yupi Indo Jelly Gum Tbk (Yupi), which owns one of Southeast Asia’s largest gummy bear brands Yupi, plans to raise 2.13 trillion rupiah ($130 million) through an initial public offering (IPO) in Indonesia this month.

Edited by: Pramod Mathew

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