JAKARTA. PT Uni-charm Indonesia Tbk (UCID) has realized 23.77% or as much as Rp 274.97 billion of its IPO funds of Rp 1.25 trillion.
In the disclosure of information submitted to the Indonesia Stock Exchange (IDX), the funds are used to pay the company's debt to Uni-charm Corporation. The company has a debt to Uni-charm Corporation of US$ 20 million (Rp 280 billion).
UCID will use the remaining funds as its capital expenditure and working capital. (AM/AR)