Below is a list with tagged columns and company profiles.

Today's Headlines Initial Public Offering

  • IPO News Indonesia: Madusari Murni Indah to Sell 30% Stake

    Madusari Murni Indah, a company that is engaged in the production of ethanol and carbon dioxide gas (CO2), is set to sell a 30 percent stake to the public through an initial public offering (IPO) on the Indonesia Stock Exchange. Yonky Saputra, Corporate Secretary of Madusari Murni Indah, said the company appointed Bahana Sekuritas as underwriter. In July 2018 the company is expected to make its trading debut in Indonesia.

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  • Despite Market Uncertainty Many IPOs in Indonesia So Far in 2018

    So far 2018 has been a great year in terms of initial public offerings (IPOs) on the Indonesia Stock Exchange. A total of 20 companies became publicly-listed companies in Indonesia in the first five months of 2018, thus there are now a total of 584 listed companies on the Indonesia Stock Exchange. Actually it is still a relatively low number compared to its regional peers and therefore local authorities continue to encourage more IPOs in an effort to deepen the country's financial markets.

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  • IPO News Indonesia: Steadfast Marine's Book Building Process

    Indonesia-based shipbuilding company Steadfast Marine plans to sell 350 million new shares in an initial public offering (IPO) on the Indonesia Stock Exchange. This amount would equal 35.28 percent of the company's total paid-up capital. The new shares are planned to be offered in the range of IDR 110 - 120 a piece, hence the company would raise a maximum of IDR 42 billion (approx. USD $3 million) through the corporate move. Jasa Utama Capital is appointed as underwriter.

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  • Bank BRISyariah Makes Trading Debut on the Indonesia Stock Exchange

    Bank BRIsyariah made its trading debut on the Indonesia Stock Exchange (IDX) today, hence becoming the 11th company to have completed its initial public offering (IPO) in Indonesia so far in 2018. It is the first Islamic finance unit of a state-controlled entity (Bank Rakyat Indonesia) to have listed on the IDX. Charles Bowman, Lord Mayor of the City of London, was present at the listing ceremony at the IDX building on Wednesday morning (09/05).

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  • IPO News: Charnic Capital Makes Trading Debut on Indonesia Stock Exchange

    Jakarta-based investment company Charnic Capital made a strong trading debut on the Indonesia Stock Exchange on Wednesday (03/05). Due to the steep price rise of its shares (+70.0 percent) it triggered the auto-reject system, thus trading in the company's shares has been stopped and will resume tomorrow. Charnic Capital is the ninth company to have completed its initial public offering (IPO) on the Indonesia Stock Exchange in 2018. There are now 574 listed companies in Indonesia.

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  • IPO News Indonesia: Krakatau Bandar Samudera Plans to List in Q4-2018

    Krakatau Bandar Samudera, a subsidiary of Indonesia's largest steel manufacturer Krakatau Steel, got the green light from shareholders to conduct an initial public offering (IPO) on the Indonesia Stock Exchange. Tonno Sapoetra, President Director of Krakatau Bandar Samudera, said the company plans to offer its shares to the public in November 2018.

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  • IPC Car Terminal to IPO on the Indonesia Stock Exchange in mid-2018

    Terminal operator Indonesia Kendaraan Terminal (better known as IPC Car Terminal) plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange in mid-July 2018. The company, which is owned by state-owned port operator Pelindo II, handles the movement of cargo containers for shipments related to the automotive industry at its terminal in Jakarta's Tanjung Priok harbor.

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  • Asuransi Tugu Pratama Prepares IPO on Indonesia Stock Exchange

    Indonesia-based general insurance company Asuransi Tugu Pratama Indonesia, which is majority-owned by state-owned energy company Pertamina, will offer 282.35 million new shares to the public through an initial public offering (IPO) on the Indonesia Stock Exchange. The number of shares offered to the public is equivalent to 15 percent of the company's total shares.

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  • IPO News Indonesia: Trading Debut Tridomain Performance Materials

    Indonesia-based chemical manufacturing company Tridomain Performance Materials made its trading debut on the Indonesia Stock Exchange on Monday (09/04), hence becoming the seventh company to have completed its initial public offering (IPO) in Indonesia in 2018. The company offered 1.8 billion new shares to the public, equivalent to 17.19 percent of the company's total share equity. At the end of the trading day its shares had surged 50.0 percent.

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  • IPO News: Gihon Telekomunikasi Indonesia Made Trading Debut

    Indonesia-based telecommunication support services company Gihon Telekomunikasi Indonesia made its trading debut on the Indonesia Stock Exchange on Monday (09/04), becoming the sixth company to be added on the local bourse so far in 2018. The company offered 152.3 million new shares to the public through the corporate move. After its first trading day, Gihon Telekomunikasi Indonesia's shares had surged 50.0 percent to IDR 1,755 a piece.

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Latest Columns Initial Public Offering

  • Cement Producer Cemindo Gemilang Conducts Initial Public Offering on Indonesia Stock Exchange

    Despite the challenging conditions, Indonesian cement producer Cemindo Gemilang decided to offer 2.71 billion shares, equivalent to 15.0 percent of the company’s total shares, to the public through an initial public offering (IPO) on the Indonesia Stock Exchange (IDX). With the IPO price set at the range of 600-800 per share, the cement producer eyes to collect around IDR 1.89 trillion (approx. USD $133 million) through this corporate move.

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  • Number of IPO on the Indonesia Stock Exchange Reached 57 in 2018

    In 2018 a total of 57 companies made their trading debuts on the Indonesia Stock Exchange (IDX). To see 57 Indonesian companies conducting their initial public offering (IPO) on the IDX within 12 months only is a remarkable achievement and a significant increase from 37 IPOs in 2017, and 14 in 2016. It is in fact the biggest number of IPOs for Indonesia since the year 1992. Moreover, big appetite for Indonesian companies to go-public in 2018 is particularly remarkable considering there was plenty of uncertainty lurking about in global and domestic markets.

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  • 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

    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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  • Trading Debuts Sarimelati Kencana & Guna Timur Raya on the Indonesia Stock Exchange

    In the already busy initial public offering (IPO) month of May, two more companies were added to the Indonesia Stock Exchange on Wednesday (23/05): (1) Sarimelati Kencana, the operator of the Pizza Hut chain in Indonesia, and (2) Guna Timur Raya, an integrated logistics solutions provider. This brings the total number of IPOs in Indonesia so far in 2018 to 16. In May alone a total of seven companies made their trading debut on the Indonesia Stock Exchange. Thus, Indonesia is on track to set a new record in terms of IPO realizations this year.

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  • IPO News: Medikaloka Hermina's Trading Debut on Indonesia Stock Exchange

    Hospital operator and medical management services company Medikaloka Hermina made its trading debut on the Indonesia Stock Exchange on Wednesday (16/05) after having successfully completed its initial public offering (IPO). So far in 2018 a total of 14 companies have become publicly listed companies in Indonesia. Especially the month May has been rich in terms of IPOs. Meanwhile, up to 24 other companies are expected to be listed on the local bourse before the end of the first semester.

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  • IPO News: Royal Prima's Trading Debut on Indonesia Stock Exchange

    Hospital operator Royal Prima made its trading debut on the Indonesia Stock Exchange on Tuesday (15/05) after having successfully completed its initial public offering (IPO). Royal Prima is the 13th company so far this year to became a publicly listed company in Southeast Asia's largest economy. There are now 578 companies listed on the Indonesia Stock Exchange. Danatama Makmur Sekuritas acted as lead underwriter.

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