Indonesian restaurant operator Champ Resto mulls $150m IPO

Indonesian restaurant operator Champ Resto mulls $150m IPO

Indonesian food. Photo by Baiq Daling on Unsplash.

PT Champ Resto, Indonesian operator of restaurant chains including Gokana Ramen & Teppan, is weighing an initial public offering in the largest nation in Southeast Asia that could raise about $150 million, according to people with knowledge of the matter.