About 56 percent of the generated funds will be used as working capital for the development of raw materials, packaging, and finished goods. Roughly 42 percent will be used for investment in land acquisition for factory expansion. The remaining 2 percent will be used for IT and computer technology.

Shares of Sido Muncul immediately rose at its trading debut. Just before the end of the first trading session on Wednesday (18/12), its price was up to IDR 710 per share, a 22.4 percent jump from the start of the day.

Last Update: 26 Okt 2020
Newly Listed Companies on the IDX in 2013
CompanyP: 26 Okt 2020P: 25 Okt 2020Gain/LossP/E ttmYield %Gain/Loss YTD
Acset IndonusaACST198200-1.00%N/A0.00%-80.10%

Green colour indicates upward movement Red colour indicates downward movement P = price; E = earnings; D = dividend; Yield = D/P "N/A" indicates P/E < 0 (negative earnings) "-" indicates E,D,P or YTD is not available