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Distribusi Voucher takes over Telefast's stocks

14 February 2019 02:07 PM  Company: PT. Distribusi Voucher Nusantara Tbk[DIVA]
Rp. 2,910  +10 (0.34%)

JAKARTA - PT Disribusi Voucher Nusantara Tbk (DIVA) acquired the stocks of PT Telefast Indonesia in a transaction worth Rp 1.89 billlion.  In December 2018, the company has taken over the stock of PT Berkah Omega Sukses (BOS) as part of its business expansion plan.

Raymond Loho, President Director of PT Distribusi Voucher Nusantara Tbk (DIVA) stated that the transaction was done to support the company's business. "The transaction has been affiliated with the shareholders," he said as cited from the company's disclosure of information.

The company made its debut in IDX on 27 November 2018 by offering 214,285,700 shares with a price of Rp 2.890 per share.

From the IPO, DIVA obtained Rp 632.14 billion. The funds were then used as working capital (Rp 336.67 billion), investment in information technology (Rp 244.85 billion), and human resource development (Rp 30.67 billion). (LK/AR)

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PT. Distribusi Voucher Nusantara Tbk [DIVA]   Rp. 2,910   +10 (0.34%)