Investors took little notice, however, focusing instead on the growth prospects of IndonesiaÆs premier listed oil and gas producer - at a time when demand is increasing and oil prices are hovering near the $75 per barrel level. The CB proceeds will be used for capital expenditures needed to fund that growth.
The Indonesian market is also seen as attractive in its own right with greatly improving fundamentals, a strengthening currency and a 31.8% rise...
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