Indointernet seeks IDR595.97 billion fresh fund via IPO
JAKARTA. PT Indointernet Tbk will carry out its first public offering on the Indonesia Stock Exchange (IDX), with a total of 80.81 million units of shares offered.
In the information on new securities registration at the Indonesian Central Securities Depository (KSEI), Indointernet will start a public offering on February 1-2, 2021. Meanwhile, the share listing IDX will be held on February 8, 2021.
The nominal value of the shares offered by Indoniternet is IDR 50 per share. Meanwhile, the offering price that has been determined is IDR 7,375 per share. Thus, the potential fund that can be raised in the IPO is as much as IDR595.97 billion.
In carrying out the IPO, Indointernet has appointed PT BCA Sekuritas as the lead underwriter and underwriter. According to data compiled by idnfinancials.com, Indointernet is an information technology company that has been operating since 1994. The company has also become a partner of Alibaba Cloud, the Alibaba Group's cloud-computing storage service. (KR/LM)