PT Jasa Armada Indonesia Tbk (IPCM) do the initial public offering, with a price quote Rp 380 per share and will make a debut on stock exchanges tomorrow, 21 Desember.
The IPO pricing of Jasa Armada Indonesia approaching limit left from the price set. Earlier, subsidiary of PT Pelabuhan Indonesia II (Persero) sets price range offer around Rp 325 - Rp 530 per share.
In the official website of PT Kustodian Sentral Efek Indonesia quoted on Saturday (16/12/2017), Jasa Armada Indonesia (JAI) is ready to release 1.21 billion shares. Through the action of the intial public offering (IPO) then potentially fresh funds pocketed JAI worth Rp 461,7 billion.
Other than a price quote that is approaching the lower limit, the number of shares offered by Jasa Armada Indonesia also experienced a decline, from the initial plan as much as 1.74 billion shares or as much as 30% of paid in full for paid-up capital.
The period of the public offer of the Jasa Armada Indonesia shares performed on December 18-19 2017. The guarantor executing emission effects of JAI is PT Danareksa Securities and PT Mandiri Securities.
When encountered recently, President Director of PT Pelabuhan Indonesia II Elvyn G Masassya claim, that the IPO of the company's subsidiary namely Jasa Armada Indonesia experience excess demand nearly 2 times. He was not denied that excess demand due to the price offered is not the right approach.
He claimed, the price offered to the investor enters in the middle price. Elvyn spoke, most requests come from institutional investors rather than retail.
|
2015
|
2016
|
30 June 2017
|
Assets
|
501.599
|
598.370
|
683.634
|
Revenue
|
873.952
|
827.606
|
365.454
|
Equity
|
286.279
|
336.734
|
387.629
|
Liability
|
215.320
|
261.635
|
296.004
|
Net income
|
208.609
|
117.064
|
50.894
|
NB: In million Rupiah