On The Initial Floor On The Stock Exchange, BDKR Shares Closed Up 15 Percent

Share illustration (Photo: Doc. Antara)

JAKARTA - PT Berdikari Pondasi Perkasa Tbk (BDKR) officially listed its shares on the Indonesia Stock Exchange (IDX).

From observations at the opening, BDKR shares opened up 29 percent to IDR 258 from an offering price of IDR 200 per share.

Until the close of trading, BDKR shares rose 30 points or 15 percent to the level of Rp230. The trading volume reached Rp3.83 million.

BDKR shares are at the highest level of IDR 266 per share and the lowest level is IDR 204 per share.

Director of BDKR Tan Franciscus said the company offered as many as 706.1 million shares or 15 percent of the company's issued and paid-up capital, and offered at an offering price of IDR 200 per share.

Simultaneously, the company issued 353.05 million Series I Warrants accompanying the company's new shares.

Each new shareholder of the company's two new shares has the right to receive a Series I Warrant, of which each Series I Warrant gives its holder the right to buy a new share of the company issued in the portfolio.

He continued, the company had carried out a Public Offering from February 27 to March 1, 2023 and managed to obtain funds of Rp. 141,220,000,000,

In this IPO, the company experienced oversubscribed (subscribed) up to 98.33 times from the pooling portion, as a positive indicator of the investor confidence level which reached more than 20,000 investors, both domestic and foreign.

BDKR was founded in 1984 specializing in the field of foundation (foundation), ground improvement, dock construction (marine and jetty construction), heavy lifting (heavy lift) and crane rental (crane rental).

Despite being included in the infrastructure sector category, the company is also involved in various sectors such as utilities, industrials, oil & gas, mining, petrochemicals.