Company of Indonesian Noodle Tycoon to Raise $396M

A company filed papers on Monday to sell shares. The company, Vitro Inc., wants to sell up to $2.2 billion in shares.

Vitro Inc. will be renamed Vitro REIT. This change needs approval. The company will sell about 48.9% of its shares.

The CEO of PLDT said this is an important step. It will help the company grow its data centers.

Anthoni Salim is a billionaire from Indonesia.

The company has not said when it will list its shares. But it might happen by the end of the year. It will have eight data centers with a lot of capacity.

Anthoni Salim is very rich. He and his family own many businesses in Indonesia, including a big noodle company.

Anthoni Salim also owns part of a big company in the Philippines, which has many different businesses.

COPYRIGHT DISCLAIMERS

4English does not own the rights to this content. All rights belong to the owner. 4English only uses this content to help users learn English via the app's features. Contact to request the removal of your content: contact@4englishapp.com.

Practice Listening

Practice Listening