First Half Of 2023, Mandiri Sekuritas Records Prima Performance

Photo: Doc. Mandiri Sekuritas

JAKARTA - PT Mandiri Sekuritas (Mandiri Sekuritas), a subsidiary company from Bank Mandiri, recorded a prime increase in business and fundamentals. As of July 2023, Mandiri Sekuritas has completed various investment banking transactions, including 4 IPOs, 27 IDR bonds, 5 global bonds and LIABILities management, and 4 M&A.

Four large capitalized IPOs that have been successfully escorted by Mandiri Sekuritas until July 2023, namely: IPO PT Amman Mineral Internasional Tbk. (AMMN), worth IDR 10.7 trillion, the largest throughout 2023 in Indonesia, IPO PT Trimegah Bangun Persada Tbk/Harita Nickel (TRIM), worth IDR 10 trillion, IPO PT Pertamina Geothermal Energy Tbk (PGEO), worth IDR 9.1 trillion, which at that time was the largest in Asia Pacific and renewable energy sectors in Southeast Asia, and finally, IPO PT Nusantara Sejahtera Raya Tbk (CNMA), worth IDR 2.3 trillion, which is the largest modern cinema network operator in Indonesia.

In addition, Mandiri Sekuritas has also successfully completed the largest M&A transactions in the telecommunications sector in Indonesia, namely the spin-off and the merger of Indihome and Telkomsel, a subsidiary of PT Telkom Tbk with a transaction value of IDR 78 trillion. Meanwhile, for Debt Capital Market, Mandiri Sekuritas through its subsidiary Mandiri Securities Singapore has succeeded in completing several global bonds transactions amid uncertainty in global market conditions, namely global bonds of the Indonesian government worth US $ 3 billion and Pertamina Geothermal worth 400 million US dollars.

Mandiri Sekuritas President Director, Oki Ramadhana, said the main factors that support a number of these achievements are complete investment banking products and services, so that they can provide holistic solutions to corporate customers.

"Mandiri Sekuritas has a complete investment banking service in Indonesia, namely M&A administration, equity and debt capital market, as well as brokerage for institutions and retail. We are highly committed to supporting the business growth of corporate, institutional and retail customers, and of course the Indonesian capital market," Oki said, in his statement, Tuesday, August 22.

"We realized this commitment with various investment, funding, and M&A transaction solutions, which not only accelerate business growth, but also support long-term business sustainability," added Oki.

In addition to supporting various corporate actions, Mandiri Sekuritas also continues to be committed to providing capital market transaction services to retail investors. Retail customers can now make buying and selling shares and mutual funds through the Mandiri Online Securities Trading (MOST) digital application with more complete and easy to use features.

Furthermore, in an effort to increase transactions and enthusiasm to invest retail customers, Mandiri Sekuritas held various promos, such as MOST Carnaval which contained various product recognition activities and various capital market investment programs, such as special MOST Rewards for customers and the Indonesian people.

"With a vision to continue to be the best investment bank in Indonesia and grow sustainably with customers, Mandiri Sekuritas continues to be committed to providing investment banking services and digital solutions for better investment in the Indonesian capital market," concluded Oki.

Thanks to this performance, Mandiri Sekuritas managed to maintain its dominance in the League Table Investment Bank in Indonesia, including the top ranking in Equity Underwriting as of July 2023.