JAKARTA - A new company on the Indonesia Stock Exchange has reached 25 this year. This number has increased along with the listing of three companies, namely PT Ceresstar Indonesia Tbk (TGRU), PT Chemstar Indonesia Tbk (CHEM), and PT Arkora Hydro Tbk (ARO).
Citing the IDX statement, the three shares will be listed simultaneously today (Friday, July 8).
In detail, TGRU shares began at the initial price of IDR 210. IDX will record 7.94 billion shares so that market capitalization reaches IDR 1.67 trillion.
Then, the initial price of CHEM shares is IDR 150 with a recorded amount of 1.7 billion. From here, the CHEM market capitalization is IDR 255 billion.
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Another thing, ARKO shares offer an initial price of IDR 300. With 2.93 billion recorded shares, ARKO's market capitalization reached IDR 878.55 billion.
As additional information, Arkora will reap IDR 173.97 billion, Cerestar IDR 300 billion, and Chemstar IDR 75 billion.
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