Indonesian property developer Anugerah Berkah Madani (ABMA Land) plans to set a lower target regarding its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) in November 2016. Earlier, it planned to offer 3.33 billion shares, or 25 percent of its total outstanding capital stock. Currently, the company is reviewing its prospectus and intends to offer 1.76 billion, or 15 percent of its stock, to investors through the IPO. The indicative price will remain at the range of IDR 800 - 1,250 per share.
Update COVID-19 in Indonesia: 1,024,298 confirmed infections, 28,855 deaths (27 January 2021)
27 January 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,109.17) -31.00 -0.50%