Opening of Surabaya Stock Exchange expands Indonesia capital markets.

PR Newswire | June 16, 1989 | Copyright

OPENING OF SURABAYA STOCK EXCHANGE EXPANDS INDONESIA CAPITAL MARKETS

SURABAYA, Indonesia, June 16 /PRNewswire/ -- Indonesia's expanding capital markets got a major boost today with the dedication of a privately owned stock exchange in Surabaya, the nation's second largest city and an important industrial, commercial and shipping center about 250 miles east of Jakarta.

The new Surabaya Stock Exchange, owned and operated by a company comprised of 41 licensed securities dealers, each of whom has a seat on the exchange, started with the offering of shares ...

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