JAKARTA – PT Victoria Care Indonesia Tbk (VICI), a cosmetic and medical devices manufacturer, had realised IDR 94.39 billion of its fund collected from the Initial Public Offering (IPO) in December 2020 by the end of May 2021. Billy Hartono Salim, the President Director of Victoria Care, announced this action in the information disclosure, quoted Tuesday (11/5).
The IPO funds were well and accordingly spent. An IDR 70.44 billion has been allocated to the working capital, and another IDR 24.95 billion was for land and building purchase. The said assets were located in the Industrial Area of Candi Blok 5A, Ngaliyan, Semarang, Central Java.
Based on the prospectus, the owner of the land was Billy Hartono Salim, who has been leasing the area to the company. According to the sales and purchase agreement signed in October 2020, the selling price was at IDR 25 billion.
Prior to IPO, VICI recorded the authorised capital of IDR 500 billion and the issued and paid-up capital of IDR 285 billion. PT Sukes Sejati Sejati Sejahtera (SSS) owned 99.97% of the company, and the remaining 0.03% went to Luhur Dino Herlambang. Meanwhile, after the IPO, the issued and paid-up capital now reaches IDR 335.40 billion. SSS now owns 84.949% of the stakes, followed by Luhur Dino Herlambang with 0.024% and the public with 15.027%.
In that previous corporate action, VICI issued 1.008.000.000 units of shares, with an offering price of IDR 100 each. VICI also organized an Employee Stock Allocation (ESA) programme worth 7.778% of the total offered stock, equal to 78.389.000 shares. (LK/ZH)