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Aesler Group obtains Rp 25 billion from its IPO

09 April 2020 09:10

JAKARTA - PT Aesler Group Internasional Tbk (RONY) officially listed its shares on the Indonesia Stock Exchange (IDX) on Thursday (9/4). During the corporate action that took place in early April 2020, the company raised Rp 25 billion by releasing 250 million shares.

Rony Yuwono, President Director of PT Aesler Group Internasional Tbk (RONY), said that 55% of the IPO proceeds will be used to purchase computer equipment for real-time rendering and others, while 45% will be used as working capital. "Aesler's listing on the IDX is a stepping stone in the company's journey to becoming an accountable, transparent and accountable company to all investors," he said as quoted from a press release received by the media on Thursday (9/4).

RONY is the first architectural company listed on the IDX. This year, the company targets its revenue and net profit to grow by 67.40% and 38.26% respectively. (LK/AR)

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