Indonesia's Sapta Indra plans IPO in Q1 2008 - report

                                                                                

 JAKARTA (Thomson Financial) - Indonesian mining contractor PT Sapta Indra 
Sejati plans to sell 20 percent of the company's outstanding shares via an 
initial public offering in the first quarter of next year to raise up to 350 
million dollars, Bisnis Indonesia reported on Wednesday, citing a company 
official.

 Sapta Indra director Andre Mamuaya said his company has appointed BNP Paribas 
as the lead underwriter and Danareksa Sekuritas as joint lead underwriter. 

  (1 US dollar = 9,308 rupiah)

  [EMAIL PROTECTED] hkp/ms        MMMM  SNZ22-08Aug07 03:47 GMT    
       
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