Asuransi Tugu Pratama Indonesia Tbk April 12, 2018 488

Company Overview

  • Established in 1981 with the initial purpose to cover the risk of national companies specializing in oil & gas business, especially asset of Pertamina.
  • During 1998 – 2003, the company consolidates its operation for sustainable growth and expanding to non-energy sector.

Products and Services

  • General Insurance
  • Sharia General Insurance
  • Reinsurance
  • Services

Initial Public Offering Facts

  • Maximum of 282,352,941 shares (max. 15% of issued and paid up capital) is being offered to public at par value of IDR 100,- per share.
  • IPO price ranges between IDR 3,850 – IDR 5,000 per share.

IPO Proceeds Allocation

  • Approx. 40.5% will be allocated for marketing infrastructure development
  • Approx. 27% will be allocated for IT and other infrastructure development.
  • Approx. 7.5% will be allocated for marketing infrastructure development.
  • Approx. 25% will be allocated for capital injection to PT Tugu Reasuransi Indonesia.

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