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Friday, 18 September 2026
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SEA Deal Ticker

Jakarta Eye Center operator files for up to $38M IDX listing

PT Nitrasanata Dharma, operator of Indonesia's Jakarta Eye Center network, is offering 488 million shares to raise up to 683 billion rupiah ($38 million); bookbuilding runs June 22-24 ahead of a July 7 debut under ticker JECX.

Positive-sum angle: A profitable eyecare specialist listing into a thin IDX signals the small-cap window reopening — domestic healthcare demand, not foreign tech capital, is funding Indonesia's next cohort of public companies.

Source — DealStreetAsia