Indonesia's DMS Propertindo seeks to raise up to $13m in July IPO

Indonesia's DMS Propertindo seeks to raise up to $13m in July IPO

An electronic ticker board displays stock prices inside the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, on Thursday, Dec. 17, 2015. Photographer: Dimas Ardian/Bloomberg

Property developer DMS Propertindo aims to raise up to Rp 186.6 billion ($13.1 million) in an initial public offering on the Indonesia Stock Exchange (IDX) in July.