JAKARTA. PT Indo Boga Sukses Tbk (IBOS), a food and beverages (F&B) and hospitality company, arranges its initial public offering (IPO) in the stock exchange, aiming for fresh funds of IDR 160.74 billion.
IBOS’s shares offered in the IPO amount to 1.61 billion units. Every single of those shares are brand new and worth IDR 25 each. They will be put on the market for IDR 65 to IDR 100 per share.
The IPO period of IBOS’s shares will last from April 19 to 21, 2022, followed by the shares distribution on April 22, 2022. To conclude the debut, the recording on Indonesia Stock Exchange (IDX) will take place on April 25, 2022.
IBOS management has assigned PT NH Korindo Sekuritas and PT Surya Fajar Sekuritas as the executive underwriters. Meanwhile, the rest of the underwriters will be announced in the near future.
According to idnfinancials.com data, IBOS manages several running and existing restaurants, including D’Monaco Restaurant, Insom Lounge, Mr Pawon, and Legal Resto. Additonally, it also runs in the property business, managing Sofia Residence. (KR/ZH)