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Astra International, the largest distributor of Peugeot vehicles in Indonesia, has announced discontinuing Peugeot vehicle sales in the country after 52 years. (Photo: Peugeot)

Peugeot halts sales in Indonesia

PT Astra International, the largest distributor of Peugeot vehicles in Indonesia, has announced the cessation of Peugeot vehicle sales, ending the French brand’s 52-year presence in the Southeast Asian country.
Song Da Corporation modifies IPO plan

Song Da Corporation modifies IPO plan

The Song Da Corporation will sell nearly 200 million shares worth 48.82 percent of its charter capital in its initial public offering (IPO) scheduled for 2019.
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