Indonesia: M Cash Integrasi fixes IPO price at Rp 1,385; PAG Capital, Maybank Asset among anchor investors

Indonesian digital distribution firm M Cash Integrasi (MCI) closed its IPO bookbuilding period on Friday, pegging the share price at IDR 1,385 ($0.102), this portal has learnt. The company will effectively be raising IDR 300 billion ($22 million) via the IPO.