JAKARTA - PT Estee Gold Feet Tbk and PT Hetzer Medical Indonesia Tbk have entered the list of companies that will issue shares to the public on the Indonesia Stock Exchange (IDX). Both are eyeing funds from IDR 35 billion to IDR 54.69 billion.
In a document posted on the e-ipo.co.id website, Wednesday, July 20, Estee, a cosmetic manufacturer, offered 500 million shares with a price range of IDR 60-IDR 70. Here, the target fund reaches IDR 35 billion.
Estee also offered 500 million series I warrants along with the issuance of the new shares.
The plan is, Estee starts the initial offer period today until July 28 to be effective on July 29. Then the public offering period on August 1-4, until the listing of shares on the IDX on August 8.
VOIR éGALEMENT:
Meanwhile, Hetzer released 312.5 million shares or 20 percent of the issued and fully paid capital at a price ranging from IDR 125 to IDR 175. Through this plan, Hetzer can reap a maximum of IDR 54.69 billion.
Hetzer will start the initial offering period on July 21-26 to become effective IPO on July 29. After that, it will be followed by a public offering period on August 2-8 and the listing of shares on the IDX on August 9.
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