What is the size of Kertas IPO?
The Kertas IPO expects to raise around 380 billion rupiah ($40.74 million) via an initial public offering.
Where will the fund raised through the Kertas IPO be used?
The capital raised from the IPO will be used to increase the firm's stakeholding in one of its units, PT Kertas Basuki Rachmat, to 99 percent from 33.65 percent and for working capital.
How many shares will be offered for sale through the Kertas IPO Indonesia?
A total of 1.36 billion shares will be sold through the Kertas IPO.
What is the price range or price band of Kertas IPO shares?
The shares of Kertas IPO will be offered for sale in the price range of 250-280 rupiah each.
What are the opening dates of the Kertas IPO Indonesia?
The Kertas IPO will be open for application between June 23 and June 25, 2008.
The company will be listed on Indonesia's main stock exchange on July 2.
What are the business valuations & financial results of Kertas IPO?
The firm booked sales of 201.3 billion rupiah with a net loss of 57.8 billion rupiah last year.
| Indonesian firms raised a total of 17.5 trillion rupiah from IPOs in 2007, nearly six times the amount in the previous year. The paper firm expects to increase its annual production to 200,000 tonnes of paper in the next five years from 40,000 tonnes. Indonesian brokerage firm PT Henan Putihrai has been appointed to handle the offering. | Table of Contents |
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