PT Soechi Lines, a marine transportation, shipyard industry and hotel firm, plans to raise up to 2.05 trillion rupiah ($168.86 million) in an initial public offering in early December, said CEO Go Darmadi. The firm plans to offer 30 percent of its enlarged capital to finance capital expenditure, pay debts and operational costs, and has appointed PT Mandiri Sekuritas and PT RHB OSK Securities Indonesia as underwriters. (Bisnis Indonesia) Note: Reuters has not verified this story and does not vouch for its accuracy.