JAKARTA. PT Zyrexindo Mandiri Buana Tbk plans to carry out its initial public offering of 33.33 million shares or Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX), with a target to raise funds of IDR 83.33 billion.
In the information on collective securities custody at the Indonesian Central Securities Depository (KSEI), Zyrexindo determines the nominal value of the shares to be offered at IDR 25 per share. Meanwhile, the share offering price was set at IDR 250 per share.
Share distribution will be carried out on March 29, 2021. Meanwhile, the share listing on IDX will be carried out on March 30, 2021.
In addition to offering new shares, Zyrexindo will also issue 166.67 million Series I warrants. The number of warrants that the company will offer is equivalent to 16.67 percent of the current total number of shares.
Zyrexindo has appointed PT BNI Sekuritas and PT Mirae Asset Sekuritas Indonesia as underwriters. (KR/LM)