• Three Companies Make Trading Debuts on the Indonesia Stock Exchange

    Three Companies Make Trading Debuts on the Indonesia Stock Exchange

    On Monday (09/07) three companies made their trading debuts on the Indonesia Stock Exchange. So far this year a total of 26 companies have completed their initial public offering (IPO) on the Indonesia Stock Exchange. And considering there are still almost six more months to go in 2018 - while various IPOs are in the pipeline - it should become a very good year for IPOs in Indonesia.

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  • MAP Aktif Adiperkasa Makes Trading Debut on Indonesia Stock Exchange

    MAP Aktif Adiperkasa Makes Trading Debut on Indonesia Stock Exchange

    Indonesian retailer MAP Aktif Adiperkasa made its trading debut on the Indonesia Stock Exchange on Thursday (05/07) after successfully having completed its initial public offering (IPO). The company offered 427.6 million new shares, equivalent to 15 percent of the company's total share capital, to the public at a price of IDR 2,100 a piece, hence raising IDR 897.9 billion (approx. USD $63 million). Indo Premier Sekuritas acted as underwriter for the IPO.

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  • Shares of Bakrie & Brothers Plunge after Reverse Stock Split

    Shares of Bakrie & Brothers Plunge after Reverse Stock Split

    Trading in shares of Bakrie & Brothers, which are listed on the Indonesia Stock Exchange, have again been suspended by authorities (for the second time this month) due to a massive decline in the share price. The plunge occurred after Bakrie & Brothers conducted a 10:1 reverse stock split in late-May 2018. Through this corporate action the company reduced the total number of its outstanding shares.

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