Three Companies Newly Listed on the Indonesia Stock Exchange
Today, three Indonesian companies will be listed on the Indonesia Stock Exchange (IDX). These companies are Victoria Investama (VICO), Multipolar Technology (MLPT), and Bank Mestika Dharma (BBMD). This year so far, 21 Indonesian companies have conducted their initial public offering (IPO). Eight others are still planning to conduct one in 2013. Indonesia's stock exchange has seen large capital outflows in the last month due to international concerns about a stop to the US quantitative easing program.
But despite less positive market sentiments compared to the start of the year, the Indonesia Stock Exchange stresses that any planned IPO's for 2013 should be carried on.
|Company|| Issued Shares
|| Value at IPO (IDR)
|Victoria Investama||1.25 billion||125|
|Multipolar Technology||375 million||425-500|
|Bank Mestika Dharma||8.18 million||1,570-1,370|
Expected IPOs in 2013:
|Ciptaganti Cipta Graha|
|Batavia Prosperindo Internasional|
|Eka Sari Lorena Transport|
|Siloam International Hospital|