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Indonesian telecom tower firm Sarana raises $405 mln from share sale - IFR
April 28, 2017 / 7:58 AM / 5 months ago

Indonesian telecom tower firm Sarana raises $405 mln from share sale - IFR

JAKARTA, April 28 (Reuters) - Indonesian telecom tower firm PT Sarana Menara Nusantara Tbk has raised 5.4 trillion rupiah ($405.3 million) in a share sale, IFR reported on Friday, citing two people familiar with the matter.

Sarana sold 1.35 billion shares at the bottom of a 4,000-4,500 rupiah price range, said IFR, a Thomson Reuters publication.

$1 = 13,324.00 rupiah Reporting by S. Anuradha of IFR; Writing by Eveline Danubrata; Editing by Randy Fabi

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