Dwi Aneka Jaya Kemasindo, a listed packaging company, announced it has postponed its plan to purchase one packaging company and one retail stationary company until 2016 due to current weak economic conditions. Earlier this year, Dwi Aneka Jaya Kemasindo had been in talks to acquire the packaging company for a price of IDR 125 billion (USD $8.6 million) and the retail stationary company for IDR 225 billion (USD $15.5 million).

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PT Dwi Aneka Jaya Kemasindo Tbk, an Indonesian-based company specialized in corrugated carton and offset printing, offers one billion new shares (40 percent of its enlarged capital) - at a price range of between IDR 425 and IDR 475 per share - in its initial public offering (IPO) on the Indonesia Stock Exchange in the weeks ahead. The printing and packaging company aims to raise a total of between IDR 425 billion (USD $37.3 million) and IDR 475 billion (USD $41.5 million) through this corporate action.

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