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UVCR gains IDR 50 billion during its IPO

27 July 2021 12:56

JAKARTA – PT Trimegah Karya Pratama Tbk (UVCR), the Ultra Voucher managing company, secures IDR 50 billion of fresh funds from its initial public offering (IPO) of 500 million shares last week (19-23/7). Then, 36% of the proceeds are channelled to capital expenditure, 34% goes to operational activities, and the remaining 30% is utilised as the working capital.

Hady Kuswanto, President Director of Ultra Voucher, claims that the demand for UVCR’s shares from the book building period until the public offering started had surpassed the available shares offered. “We are preparing a strategy that is calculated and integrated within the short, medium, and long-term. We are getting ready to extend the networks to the ASEAN market,” Kuswanto further elaborates during the initial shares recording on Tuesday (27/7).

After this IPO, UVCR owns an authorised capital of IDR 120 billion and issued and paid-up capital of IDR 40 billion. PT Trimegah Sumber Mas (TSM) owns 57.67% of the shares, PT Mitra Investama Anugrah (MIA) 6.75%, Riky Boy Permata 5.32%, PT Sarah Global Indonesia (SGI) 2.70%, Winston Tan 1.88%, Hadi Kuswanto 0.68%, and the public 25%.

Previously, its authorised capital was IDR 120 billion, and its issued and paid-up capital was IDR 30 billion, while its stock in portfolio amounted to IDR 90 billion. TSM used to own 76.90% of the shares, MIA 9%, Riky Boy Permata 7.10%, SGI 3.60%, Winston Tan 2.50%, dan Hadi Kuswanto 0.90%. (LK/ZH)

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