
TEMPO.CO, Jakarta – Medium-service airline Sriwijaya Air has rescheduled its initial public offering (IPO) from March to April-May this year.
Sriwijaya Air Group president director Chandra Lie said that Sriwijaya Air is committed to entering the Indonesia Stock Exchange (IDX) in a bid to expand its market.
“The [reschedule] is based on the company’s considerations, for a better IPO. One thing is for sure, we…