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GIC-backed Triputra Agro said to mull $500m Indonesia IPO

GIC-backed Triputra Agro said to mull $500m Indonesia IPO

Photo: Reuters

PT Triputra Agro Persada, backed by Singapore’s sovereign wealth fund GIC Pte, is gearing up for an initial public offering in Indonesia that could raise about $500 million, according to people familiar with the matter.