Wahana Vinyl Nusantara Preparing IPO on Indonesia Stock Exchange
Wahana Vinyl Nusantara, an Indonesia-based pipe-producer (the hollow cylinder type for fluid conveyance), plans to conduct an initial public offering on the Indonesia Stock Exchange in the first half of 2018. Stephen Widjaja, President Director of the company, said Wahana Vinyl Nusantara will offer a maximum stake of 20 percent (of the company's total share equity) to the public.