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17 Dec 2025
Grab-backed Super Bank jumps in Jakarta after US$168m IPO
Summary: PT Super Bank Indonesia, a digital banking firm backed by Grab Holdings, surged 24% on its Jakarta debut following a US$168 million IPO. The offering, Indonesia’s second largest this year, was oversubscribed by more than 300 times.
Link: https://www.theedgesingapore.com/news/fintech/grab-backed-super-bank-jumps-jakarta-after-us168m-ipo