JAKARTA – PT Wira Global Solusi Tbk (WSGH), a trading company in the information technology business, would launch its initial public offering (IPO) of 208.5 million shares, targeting to secure IDR 29.19 billion. This corporate action would start today (30/11) until this Thursday (2/12).
In the prospectus quoted Tuesday (30/11), the proceeds of this corporate action would be entirely channelled to the working capital, particularly unrelated to affiliates. For example, it would include purchasing trading goods, software research and development, covering server and office rental costs, promotion, and marketing.
Prior to IPO, WSGH’s authorised capital amounted to IDR 66.72 billion, issued and paid-up capital of IDR 16.68 billion, and stock in portfolio of IDR 50.04 billion. The shareholder structure consists of PT Walden Global Services (WGS) of 45.33%, PT Wynfield Global Ventures (WGV) 20.52%, PT Silicon Valley Connection 19.09%, PT Pusaka Mas Persada (PMP) 12.73%, Erwin Senjaya Hartanto 2.27%, and Hendy Rusli 0.06%. (LK/ZH)