Quvat-backed Blitzmegaplex targets Indonesia IPO
Blitzmegaplex, an Indonesian movie theater chain backed by Quvat Management, is targeting an IPO in the first quarter of 2014 as it seeks to raise capital for expansion.
Brata Perdana, a director at Blitzmegaplex, said the company wanted to grow from 10 to 25 cinemas over the next three years. He didn't specify how much would be raised, but building 15 new multiplexes...
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