Setting Initial Share Price Of IDR 160 From IDR 150 - IDR 250 Range, Habco Maritima Can Only Get IPO Funds Of IDR 170 Billion

Foto: Dok. Habco Maritima

JAKARTA - PT Habco Trans Maritima Tbk has set an initial price for its shares to be offered to the public. The figure is IDR 160 or almost at the lower limit of the price range at the time of the initial offer of IDR 150-IDR 250.

This certainty was stated in the announcement of the Indonesian Central Securities Depository (KSEI), Tuesday, July 19.

In the announcement, KSEI said, Habco Maritima will sell 1.12 billion shares. This means that the special goods sea transportation company will earn IDR 170 billion through the initial public offering (IPO) mechanism.

Along with the IPO, Habco Maritima will also issue 281.25 million new shares. These shares are part of the Rp45 billion debt conversion to PT Samudra Sejahtera Investama.

As additional information, Habco Maritima's IPO was granted an effective permit on 18 July. Then, the company will start the public offering period with the assistance of underwriter PT NH Korindo Sekuritas Indonesia starting July 20-22.

Until finally, the listing of Habco Maritima shares with the code HATM on the Indonesia Stock Exchange will take place on July 26.