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Aramco has struggled to secure an anchor investor for the listing and found little interest beyond the Gulf.
The Indonesia Stock Exchange (IDX) announced that PT Lion Mentari Tbk, operating air carrier Lion Air, is set to go public as early as next week.
The Indonesia Stock Exchange (IDX) said that they have met with Traveloka to invite the unicorn into the capital market.
PT Lion Mentari Airlines or Lion Air is reportedly planning an initial public offering to list its shares at the Indonesia Stock Exchange (IDX).