Global Sukses Solusi aims for IDR 49.98 billion in IPO
JAKARTA – PT Global Sukses Solusi Tbk (RUNS), a software and computer distributor, seeks fresh funds of IDR 49.98 billion through its initial public offering (IPO) of 196.8 million shares. The IPO has been in progress since last week and would end today (2-6/9).
The short prospectus, quoted Monday, reveals that the proceeds of the IPO would be allocated to fund new projects and operational activities by 74%, the market acquisition and expansion 11%, research and development 10%, and working capital 5%. The latter includes purchasing router servers, servers, 20u rack servers, and Fortinet firewall.
After the IPO, RUNS’s authorised capital would be IDR 10 billion. Its issued and paid-up capital would reach IDR 3.93 billion, while the remaining stock in portfolio amounts to IDR 6.06 billion. The shareholders would include Sony Rachmadi Purnomo (SRP) of 29.03%; Tan Kian Gee (TKG) 27.83%; Dwie Kristiano, Suhartono, and Muhammad Aqfian Muntaha (MAM) 1.27% each; PT Metra Net (MN) 8.67%; PT Metra Digital Investama (MDI) 2.87%; KB MDI Centauri Master Fund Pte Ltd (Centauri) 7.78%; and the public 20.01%.
Prior to this corporate action, RUNS’s issued and paid-up capital only amounted to IDR 3.14 billion, while its stock in portfolio was still at IDR 6.5 billion. The shareholder structure was also different, with SRP of 36.30%; TKG 34.79%; Dwie Kristianto, Suhartono, dan MAM 1.59% each; MN 10.83%; MDI 3.58%; and Centauri 9.73%. (LK/ZH)