Sep 3, 2010

Garuda names UBS & Citi as IPO agents

Indonesia's largest airline provider PT Garuda Indonesia and mandated three local underwriters have finally announces the appointment of two international selling agents, UBS Securities and Citigroup for initial public offering (IPO).
Garuda Indonesia President Director Emirsyah Satar said UBS and Citigroup have beaten four other contenders during beauty contest.

Disclosure: No position at the stock mentioned above.

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