Sriwijaya Air Sets New Date for Initial Public Offering
Sriwijaya Air airplane. TEMPO/Subekti

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…