Wanting An IPO, Wir Asia Has Shareholders With Classy Names: Yenny Wahid, The Lippo Group Of Conglomerate Mochtar Riady, To Pieter Tanuri

Photo: Wir Asia stock offering document

JAKARTA - PT Wir Asia Tbk, which plans to release its shares to the public, is not a random company. This digital reality-based company has a series of flashy names in its shareholder composition.

Citing the company's offering document released Monday, March 14, one of Wir Asia's shareholders is Zannuba Ariffah Chafsoh Rahman or more familiarly known as Yenny Wahid.

The daughter of the late former president Abdurrahman Wahid or Gus Dur is recorded as having 280.42 million shares of Wir Asia, equivalent to 2.4 percent.

Apart from Yenny Wahid, the Lippo Group company owned by Mochtar Riady conglomerate PT Star Pacific Tbk is also listed with ownership of 79.56 million or equivalent to 0.85 percent.

The names of entrepreneurs are also in the shareholder composition of Wir Asia. Among them is conglomerate Pieter Tanuri with ownership of 60 million shares or 0.5 percent.

There is also Mohammad Arsjad Rasjid Prabu Mangkuningkrat alias Arsjad Rasid who is the president director of PT Indika Energy Tbk with an ownership of 15.34 million shares or 0.16 percent.

With these names, it is very interesting to look forward to Wir Asia's progress as a potential issuer on the Indonesia Stock Exchange. As is known, Wir Asia will release as many as 2.3 billion shares, equivalent to 20 percent of the issued and fully paid capital. The price range is IDR 150 to IDR 175 per share.

From the number of shares and the price range, Wir Asia has the potential to reap fresh funds ranging from Rp. 350.56 billion to Rp. 408.99 billion in this initial public offering (IPO).

The Company started the initial offering period today until March 17, followed by the public offering period on March 29-31 2022 and listing on the IDX on April 4.