JAKARTA – A total of five companies will conduct an Initial Public Offering (IPO) or initial public offering of shares in the Indonesian capital market on Wednesday (8/9/2021). The IPO was held through a Virtual Initial Share Listing Ceremony by the Indonesia Stock Exchange which was attended and witnessed by representatives from each company.
Here are 5 companies that will list their initial shares on the IDX tomorrow:
The first is PT Global Sukses Solusi Tbk which uses the trading code ‘RUNS’. The Company is a company engaged in technology, especially Enterprise Resource Planning (ERP) software.
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Through the IPO, RUNS is reported to be eyeing additional funds of Rp49.98 billion. The initial share price of RUNS is priced at IDR 254 per share.
The second is PT Cemindo Gemilang Tbk which uses the trading code ‘CMNT’. The Company is a company engaged in the manufacturing, marketing and distribution of cement and clinker products originating from Indonesia and Vietnam
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The company targets to reap additional funds of Rp1.16 trillion from the IPO. The price per share of CMNT is Rp680 per share.
The third is PT Kedoya Adyaraya Tbk which uses the trading code ‘RSGK’. The Company is a company engaged in hospital management, especially Grha Kedoya Hospital and a number of other hospital acquisitions.
The company is eyeing fresh funds of Rp319.81 billion. RSGK’s share price is IDR 1,720 per share.