LCK Global Kedaton is a telecommunication construction services company which has affiliation with LCK Group Malaysia. Currently, the company's share ownership owned by PT LCK Investatama Prima Indonesia with 64%, PT Maju Mekar Makmur as much as 33%, and Lim Chin Kim, Kenny Lim and Lim Kah Hock respectively 1%.
In information disclosure, management of LCK Global Kedaton conveys the IPO price at Rp 208. Previously the company offers IPO stock price around Rp 138 - Rp 218.
The amount released to the public reaches 200 million shares, or 20% of the capital paid up and placed by the company. This means that companies can pocket the IPO funds Rp 41,6 billion.
"A schedule listing the stock IPO on the Indonesia Stock Exchange (IDX) will be conducted on January 16, 2018," explained the management.
Approximately 97% of the IPO fund will be used for working capital. As for the other 3% is used as the financing of research and development program (R&D), as well as training.
Until now, the LCK Global Kedaton has had a contract with PT Inti Bangun Sejahtera Tbk. (IBST), PT Tower Bersama Infrastructure Tbk. (TBIG), PT PT Lasmana Swasthi Prashidu, PT Pertama Karya Perdana, PT Kreasindo Utama Jaya Solution, and PT Triview Mandiri.
The company, also pocketed a contract of cooperation worth Rp 200 billion with PT Centratama Karya Perdana.
Director LCK Global Kedaton, Ruben Partogi reveals, the company has built as many as 200 tower along the 2017. Thus, total telecommunications towers have been built reaches 400 tower.
"Next year, the amount of the construction of the tower could go up 50%-70%, or achieve 300 new towers," said Ruben.
This year, the company's central aim of cooperation with PT MAC Sarana Djaya, PT Fastel Sarana Indonesia, PT KIN, PT Bali Tower and PT ISBS.
Until June 2017, LCK Global Kedaton reached revenues Rp 36,64 billion. As for the company's revenues targets until the end of the year reached Rp 72 billion and increased to Rp 148 billion in 2018.
Meanwhile, the company's net profit until June 2017 reached Rp 4,34 billion and targeted reach Rp 11 billion until the end of this year.
LCK Global Kedaton optimistic could reach target Rp 21 billion of profit in the next year.
Meanwhile, equity LCK Global Kedaton thicken Rp 54,35 billion, from Rp 30,4 billion by the end of 2016 into Rp 84,75 billion in June 2017.
Emission effect guarantor is PT Mirae Asset Securities Indonesia. As for the underwriter was PT Erdhika Elit Sekuritas, PT Indosurya Bersinar Sekuritas, PT Magenta Kapital Sekuritas Indonesia, PT NH Korindo Sekuritas Indonesia, PT NISP Sekuritas, PT Onix Sekuritas, PT Panin Sekuritas Tbk., PT Phillip Sekuritas Indonesia, PT Profindo Sekuritas Indonesia, PT Shinhan Sekuritas Indonesia, and PT Yule Sekuritas Indonesia Tbk.
