Indonesian Tycoon, Partners Sell Stake In Gummy Candy Maker To Affinity For $1.1 Billion
The family of tycoon Husodo Angkosubroto—among the wealthiest clans in Indonesia—and its partners are exiting Yupi Indo Jelly Gum days after the company debuted on the Jakarta bourse.
Bloomberg L.P.29d
Top Asian Gummy Candy Maker Seeks To Raise Up to $131 Million
One of Asia’s top gummy candy makers plans to raise as much as 2.14 trillion rupiah ($131 million) in a share sale that would rank among Indonesia’s largest this year. The IPO of PT Yupi Indo ...
The Jakarta Post28d
Gummy giant Yupi seeks IPO to fund new factory, global expansion
ndonesia’s largest gummy candy maker PT Yupi Indo Jelly Gum plans to raise as much as Rp 2.13 trillion (US$136 million) through an initial public offering (IPO) to fund a new manufacturing ...