00:05 - Lion Air is targeting an IPO of up to $1 billion in the first quarter of 2020. Lion Air has been considering an IPO since 2005, but multiple attempts were put on hold due to a volatile rupiah and weak economy.

07:04 - China’s state-owned entities are in talks to invest $5 to 10 billion in Saudi Aramco’s IPO as the oil-giant plans to sell 2% of its company in a domestic listing next month.

Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  Lion Air,  low-cost carrier,  IPO,  Indonesia,  aviation,  Saudi Aramco,  China,  Investments