Jakarta, CNBC Indonesia – PT Mandiri Mineral Perkasa Tbk (NPII), an issuer in mining and quarrying support services, will hold an initial public offering (IPO).
The Company is one of the leaders and leading companies of Nickel contractors in Indonesia with an area coverage of Southeast Sulawesi which is one of the nickel centers in the country.
The company plans to release a maximum of 950 million ordinary shares or a maximum of 0.73% of the issued and paid-up capital after the IPO with a nominal value of Rp 2 per share.
The shares offered are new shares with an offering price range of Rp 132 to Rp 142 for each share. So that the total range of the Initial Public Offering reaches Rp 125,400,000,000 to Rp 134,900,000,000.
Acting as the implementing underwriters for the issuance of securities are PT Victoria Sekuritas Indonesia and PT Surya Fajar Sekuritas.
Simultaneously with this IPO, the company issued Series I Warrants of a maximum of 4.75 billion or equivalent to 3.65% of the paid-up capital at the time of the registration statement in the context of the IPO. Each new share resulting from the public offering is attached to five Series I warrants in which each Series I warrant can be exchanged for one common share on behalf of.
Series I warrants are securities that give the holder the right to purchase ordinary shares on behalf with a nominal value of Rp. 2 per share with an exercise price of Rp. 500 per share.
The total amount of funds that will be received by the company from the series I warrant offering is a maximum of Rp. 2.375 trillion, which can be implemented during the implementation period, which is six months after the securities are issued, starting from December 14, 2022 until June 13, 2024.
Holders of series I warrants have no rights as shareholders, including rights to dividends, as long as the series I warrants have not been exercised into new shares.
All funds obtained from the results of the company’s initial public offering after deducting emission costs will be used for the company’s working capital to support business activities such as purchasing spare parts for heavy equipment, purchasing fuel for heavy equipment, payment for labor employees, both site and office operations, to lease heavy equipment in the short term.
Meanwhile, the proceeds from the series I warrant offer will also be used entirely by the company as working capital to support business activities such as purchasing spare parts for heavy equipment, purchasing fuel for heavy equipment, paying for employee labor both on site and operational. office, to lease heavy equipment in the short term.
PT Mandiri Mineral Perkasa Tbk is a company engaged in integrated nickel contracting services (end to end services), including nickel potential exploration services, resource and reserve estimation, mine design and mine planning, nickel production, QAQC for production with laboratory facilities. and preparation, arrangement of sales of nickel ore products to delivery services to nickel smelters, as well as security and safety of the mining environment, and quality control in several nickel ore projects.
Currently, NPII shares are held by PT Handal Citra Wasesa at 52.53%, PT Mitra Kayu Industri 18.20%, PT Empat Pilar Adidaya 7.97%, PT Anugerah Cakrawala Mandiri 4.5%, PT Duta Utama Berlian 3, 9%, PT Permata Berlian Makmur 3.9%, PT Citra Megah Sejati 3.8%, PT Prima Inti Mineral 3.5%, Liem Siauw Hui 0.8%, Yetty Afnita 0.3%, Santoso Widjojo 0.3 %, and PT Satu Nusa Investama 0.3%.
The following is the schedule for the IPO of PT Mandiri Mineral Perkasa Tbk:
Initial offer period: 20-30 May 2022
Estimated effective date: 7 June 2022
Estimated public offering period: 8-10 June 2022
Estimated allotment date: 10 June 2022
Estimated date of distribution of shares electronically: June 13, 2022
Estimated listing date on the Indonesia Stock Exchange: 14 June 2022
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