Sweet Takeover: Yupi Indonesia Prepares for IPO

Key Summary:
- YUPI is a leading producer of soft candy products
- It offers 10% share to the public; 7% divestment, 3% new shares
- IPO price range is IDR2,100/share to IDR2,500/share
Established in 1996, PT Yupi Indo Jelly Gum is preparing to do an initial public offering (IPO) under the ticker $YUPI and targeting to have the listing date on 21st March 2025.
About YUPI: The company is a leading Indonesian producer of soft candy products marketed under various brands and distributed across 45 countries across the globe.