Officially Listed On The Stock Exchange, The Shares Of A Broiler Breeding Company From Cianjur Immediately Soared 35 Percent

JAKARTA - PT Dewi Shri Farmindo Tbk (DEWI) is officially listed on the Development Board of the Indonesia Stock Exchange today (Monday, July 18). This broiler breeder company from Cianjur, West Java became the 26th listed company listed on the IDX in 2022.

In his remarks, President Director Dewi Shri Aditya Fajar Junus expressed his joy at the listing of DEWI shares. He explained that Dewi Shri had been in the business of cultivating and slaughtering broilers since 2019.

Until now, continued Aditya, the need for chicken as a source of protein continues to increase. He also invited the public to participate in investing in DEWI shares.

"We want to be a company that has an impact on meeting Indonesia's protein needs," said Aditya.

For information, the initial stock with the DEWI code is set at Rp100.

With the determination of the initial share price, Dewi Shri will reap Rp70 billion in funds. This is because the company released 700 million shares, equivalent to 35 percent of the issued and fully paid capital.

As of 10:32 WIB, DEWI's shares were at the level of Rp135, up 35 percent from the initial price.

Meanwhile, IDX Director I Gede Nyoman Yetna congratulated DEWI on being listed as the 26th listed company this year. Nyoman said, this achievement is the result of the hard work of Dewi Shri's management and employees, and is the first step for a scale-up company to grow into a big one.

"The stock exchange will always support listed companies to achieve their best performance, so that they can contribute optimally to shareholders. Don't wait big to go public, but be big by going public," said Nyoman.