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PT Samuel Sekuritas Indonesia plans to underwrite initial public offerings (IPOs) for at least five companies across various sectors on the Indonesia Stock Exchange in 2023, although no transactions are expected in the first quarter. The firm recently underwrote PT Abadi Lestari Indonesia Tbk's IPO, which raised Rp 105 billion, and has plans for additional listings in 2024 and 2025, with seven companies currently in the pipeline.