JAKARTA - The fishing sector company PT Cilacap Samudera Fishing Industry Tbk is scheduled to list its shares on the Indonesia Stock Exchange (IDX) today (Friday 27 May). This is after the company has completed its initial public offering (IPO) from May 19-24.
"Trading hours will be opened by PT Cilacap Samudera Fishing Industry Tbk in order to list shares on the development board," the IDX wrote, Thursday, May 26.
According to the IDX, Cilacap Fishing with the ASHA code will become the 21st listed company listed on the IDX in 2022. The company is engaged in the Consumer Non-Cyclicals sector with the Food & Beverage sub-sector.
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Meanwhile, the company's industry is Agricultural Products with Fish, Meat, & Poultry sub-industries.
As is known, the offering price for ASHA shares is IDR 100 shares with a total of 5 billion shares listed. "So the market capitalization is IDR 500 billion," the IDX added.
As additional information, Cilacap Fishing released 1.25 billion shares in this IPO. In this way, the company reaped fresh funds of IDR 125 billion.
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