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Capital Financial Indonesia Eyes Rp 715b From July IPO

By Rajiv MenonIndonesia
1 min read
360 Capital Financial CSE TSZ Initial Public Offerings
360 Capital Financial CSE TSZ Initial Public Offerings

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.

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