In May 2014, PT Dwi Aneka Jaya Kemasindo (DAJK) Tbk offered shares in the initial public offering (IPO) at Rp470 per share to raise Rp470 billion from public investors. PT Valbury Asia Securities as underwriter set the IPO price at upper range claiming ‘strong interest’ from investors. Today, the stock is traded at Rp68 only. What a mess for those participating in the IPO.To subscribe please click here