Indonesia's Agung Podomoro seeks Nov IPO, picks Deutsche

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JAKARTA | Thu Aug 26, 2010 8:21am EDT

JAKARTA Aug 26 (Reuters) - Agung Podomoro Group, one of Indonesia's biggest property developers, aims to raise 2 to 3 trillion rupiah ($223-$334 million) in an initial public offering in November, a stock exchange official said on Thursday.

Eddy Sugito, listing director at Indonesia stock exchange, said that the company has appointed Deutsche Bank (DBKGn.DE) as its international underwriter while Mandiri Sekuritas and Indopremier Securities were chosen as local bookrunners. ($1=8972 Rupiah) (Reporting by Janeman Latul; Editing by Sara Webb)

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