Indonesian hospital chain Primaya looks to raise $18m from IPO; GIC to invest

Indonesian hospital chain Primaya looks to raise $18m from IPO; GIC to invest

Primaya Hospital, a unit of the publicly-listed investment firm PT Saratoga Sedaya Investama Tbk, is targeting to raise up to 287.11 billion rupiah ($18.65 million) in a domestic initial public offering (IPO).