Capital Financial Indonesia Eyes Rp 715b From July IPO
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Sinarmas Sekuritas was appointed as the lead underwriter of the company’s share sale, with assistance from Jasa Utama Capital, Yulie Sekurindo, Phillip Securities Indonesia, Panin Sekuritas, Valbury Asia Securities and Erdikha Elit Sekuritas.
Kirana Cemerlang Abadi currently owns 99.9 percent of the company’s shares. If the IPO plan goes smoothly, Kirana’s holding will be diluted to 52.38 percent.
Questions & Answers
Q.Which firms have been appointed to manage Capital Financial Indonesia's share sale?
Which firms have been appointed to manage Capital Financial Indonesia's share sale?
Sinarmas Sekuritas has been appointed as the lead underwriter. They are assisted by Jasa Utama Capital, Yulie Sekurindo, Phillip Securities Indonesia, Panin Sekuritas, Valbury Asia Securities, and Erdikha Elit Sekuritas.
Q.What is the current ownership percentage of Kirana Cemerlang Abadi in the company?
What is the current ownership percentage of Kirana Cemerlang Abadi in the company?
Kirana Cemerlang Abadi currently owns 99.9 percent of Capital Financial Indonesia's shares. This makes them the overwhelming majority shareholder before the planned Initial Public Offering.
Q.How will Kirana Cemerlang Abadi's stake be affected if the IPO is successful?
How will Kirana Cemerlang Abadi's stake be affected if the IPO is successful?
If the Initial Public Offering plan proceeds smoothly, Kirana Cemerlang Abadi's holding in Capital Financial Indonesia will be diluted to 52.38 percent, significantly reducing their stake.
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