Panca Mitra Multiperdana Tbk: The Leading Indonesian Processed Shrimp Exporter May 7, 2018

Company Overview

  • Starting its operation in 2004 and operate its first processing plant in Situbondo, East Java.
  • Exports high-quality processed shrimp.

Initial Public Offering Facts

  • Maximum of 857,142,800 shares (max. 30% of issued and paid up capital) are being offered to public at par value of IDR 100-per share.
  • IPO price ranges between IDR 800 – IDR 1,100 per share.

IPO Proceeds Allocation

  • Approx. 80% will be allocated for working capital.
  • Approx. 20% will be allocated for capital expenditures.

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