Major Indonesian hygiene products maker plans IPO [From the web]




JAKARTA, Indonesia, July 15, 2019-

Softex Indonesia, one of the country's largest producers of feminine hygiene products, plans to sell its shares on the local bourse, in what could be one of the largest initial public offerings in the country in the past three years. 

"Softex recently met with the director of trading and membership to express its interest. The company is currently processing the IPO, but no documents were submitted to us," I Gede Nyoman Yetna, director of listing at the Indonesia Stock Exchange (IDX), said on Thursday.


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