ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Indonesian 'digital reality' company WIR Group plans IPO next year

Management aims to raise up to $50m to expand businesses including AR

WIR Group has a slew of businesses under its umbrella, including augmented reality gaming.    © Reuters

JAKARTA -- WIR Group, which leads a slew of media and technology companies in Southeast Asia, is looking to raise $40 million to $50 million through an initial public offering, its co-founder and group executive chairman Daniel Surya told DealStreetAsia in an exclusive interview.

The Jakarta-headquartered company plans to make a debut on the Indonesian Stock Exchange (IDX) in 2020 and "start preparations soon," added Surya.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more