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Indopora

INDOPORA offers 303 million new shares to the public

JAKARTA. PT Indonesia Pondasi Raya (Indopora) is almost half way to board listed in Indonesia Stock Exchange (BEI). According to KONTAN source that is familiar with the plan, the official document of initial public offering (IPO) Indopora will enter the Financial Services Authority (FSA) today, Monday (28/9).

Indopora plans to issue 303 million new shares. The amount is equivalent to 15.13% of the total issued and fully paid. Assets reached Rp 1 trillion. Meanwhile, the target funds that can be obtained from the building foundation of the company is around Rp 300 billion to Rp 400 billion.

"If nothing gets in the way, Indopora has already been listing in two weeks in December (2015)," said the source.

For additional information, the company uses the company's financial report in June 2015 as valuation basis.

Source http://investasi.kontan.co.id/news/indopora-tawarkan-303-juta-saham-baru-ke-publik