How many shares will be sold through the Trada Maritime IPO?
A total of around 4 billion shares will be sold through the Trada Maritime IPO Indonesia.
When is the Trada Maritime IPO expected to open date for IPO subscription?
The Trada Maritime IPO will open for investments in next month, from August 6th to August 8th 2008.
When will the Trada Maritime shares be listed on Indonesian Stock Exchange?
The listing date for Trada Maritime IPO share is set for August 12, 2008.
Any special things about Trada Maritime IPO Indonesia?
Yes. Along with shares of Trada Maritime, the company will also issue 1 billion warrants that will be attached to the IPO shares. For every four shares, holders will get one warrant. Holders of each warrant has the right to buy one new share to be issued by the company between Feb 9, 2009 and Aug. 12, 2011.
Where will the IPO proceeds be used by Trada Maritime IPO Indonesia?
Trada Maritime said it will use 93 percent of the IPO proceeds to buy new vessels, while the rest will be allocated to strengthen its working capital.
What are the financial results of Trada Maritime Indonesia?
The company posted sales of 219.66 billion rupiah ($23.8 million) in 2007 against 188.3 billion rupiah a year earlier, while net profit increased to 37.10 billion rupiah from 33.94 billion rupiah.
In the first quarter, the company posted net profit of 27.8 billion rupiah on sales of 68.2 billion rupiah.
What is the price per share of Trada Maritime IPO shares?
| The IPO price has not been determined at the time of writing this article. PT Danatama Makmur and PT HD Capital Tbk will underwrite the IPO. | Table of Contents |
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