4 Initial Listing Issuers On The Exchange, Only JANE And CHIP Are Strengthening

Illustration of IDX (Photo: Doc. Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) has received four new issuers this morning. Where, the four companies have completed the initial public offering (IPO) process.

The four issuers are PT Vastland Indonesia Tbk (VAST), PT Haloni Jane Tbk (JANE), PT Solusi Kemasan Digital Tbk (PACK) and PT Pelita Tek Global Technology (CHIP).

The four issuers are listed as 14th, 15th, 16th, and 17th respectively on the IDX in 2023.

From VOI's observation, Wednesday, February 8, at 10.33 WIB, VAST shares were stagnant at IDR 108, JANE rose 24 points or 24 percent to IDR 124, PACK fell IDR 16 or 9.88 percent to IDR 146, and CHIP shares rose IDR 16 or 10 percent to IDR 176.

The following is the profile of the 4 issuers who made their first listing today:

1. PT Vastland Indonesia Tbk (VAST)

Vastland was founded in 2011 and started operations in 2012 with its Own-Owned or specifically leasing Real Estate business on the development of logistics (warewareage) properties.

This business activity is a business activity that is still being carried out by the Company until now. The location of the Company's business activities is located in 5 provinces on the island of Sumatra and 1 Province on the island of Java.

VAST held an initial public offering (IPO) of 650 million shares or 21.27% of the issued and fully paid capital after the IPO. The nominal value of the shares is IDR 50 per share offered to the public in IDR 108 per share.

2. PT Haloni Jane Tbk (JANE)

The company was founded under the name PT Haloni Jane on November 17, 2001 and started operating in the same year. The Company's main business activities are in the rubber goods industry for health.

Specifically, Haloni Jane is currently carrying out rubber gloves production activities from latex raw materials used for various purposes, especially medical use with trademarks, including Shamrock Gloves and Myguard Gloves.

HALO held an initial public offering (IPO) of 1.13 billion shares or 20% of the issued and fully paid capital after the IPO. The nominal value of the shares is IDR 10 per share offered to the public in IDR 100 per share.

3. PT Solusi Kesuasan Digital Tbk (PACK) Perseroan was founded under the name PT Solusi Kemasan Digital on November 8, 2019 with 1) Trading Efferan Pembelaan Dari Plastik, 2) Industri Barang Dari Plastik Untuk Pengemasan, 3) Portal Web Dan/Or Platform Digital Dengan Tujuan Komersial, 4) Industri Pencantikan Umum.

However, the Company's main activities are currently business activities in the field of Efferant Packaging from Plastic which includes retail trading of plastic wrapped goods, such as kiloan plastic, plastic trash, plastic bags and plastic wrap items.

PACK held an initial public offering (IPO) of 308 million shares or 20.03% of the issued and fully paid capital after the IPO. The nominal value of the shares is IDR 10 per share offered to the public in IDR 162 per share.

4. PT Pelita Teknologi Global Tbk (CHIP)

Global Technology Pelita was founded in 2017 in Jakarta, and focuses on information technology services and the Smart Card industry. Until 2020, the Company is still formulating and forming management and a team of experts to prepare operations and penetrate the market.

CHIP held an initial public offering (IPO) of 200 million shares or 24.81% of the issued and fully paid capital after the IPO. The nominal value of the shares is IDR 10 per share offered to the public in IDR 160 per share. That way, CHIP will reap fresh funds of IDR 32 billion.