Indonesia's Lion Air in early stages of long-delayed IPO: sources [Reuters]
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Source: Reuters
Indonesia's Lion Air in early stages of long-delayed IPO: sources | Reuters 3 Min Read JAKARTA/SINGAPORE (Reuters) - Indonesia’s Lion Air has begun preliminary work on an initial public offering (IPO) that has been delayed multiple times over the past five years, sources familiar with the matter said. A decision on the IPO will only be made after Indonesian investigators release a final report on the crash of Lion Air’s Boeing 737 MAX jet that killed 189 people on board last October, and after feedback from potential investors, two sources said. The report is expected in August, Indonesian investigators said on Thursday. “They want to go for it but there are so many moving parts before a decision can be taken,” said one source, referring to the IPO. Lion Air, which has affiliate airlines in Malaysia and Thailand, has informally tapped advisers on the IPO and is working with them on non-deal roadshows, sources said. It had not set a target for fundraising, they said, but one source est
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Earnings
- 1/31/24 - Beat
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Sec Filings
- 3/25/24 - Form 8-K
- 3/13/24 - Form 4
- 3/13/24 - Form 4
- BA's page on the SEC website