Jakarta, 2 March 2023 –
PT Petrindo Jaya Kreasi Tbk (CUAN) will soon become a new issuer this March.
The holding Company that manages a subsidiary in the coal mining sector has
obtained an effective statement letter from the Financial Services Authority
(OJK) and is entering a public offering period. As a result, CUAN will release
as many as 1.69 billion shares with a share price range of 200-220 rupiah.
Through this initial public offering (IPO), the Company aims to raise up to IDR
371.8 billion funds. The proceeds from the IPO are planned to be used to
develop the business of PT Tamtama Perkasa, a subsidiary of the Company, which
will eventually contribute to the growth of the national mining industry. The Company appointed Henan Putihrai
Sekuritas and BNI Danareksa Sekuritas as underwriters for the issuance with
full commitment to the IPO.