Indonesia’s Telkom to raise $123m from share sale

Indonesia’s Telkom to raise $123m from share sale

Indonesia’s largest telecom operator PT Telekomunikasi (Telkom) Indonesia Tbk (TLKM) is raising Rp 1.62 trillion ($123 million) from a share sale.The company is offering 864 million treasury shares at Rp 3,820 each, according to a report by Reuters.

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