PT Buyung Poetra Sembada (BPS), rice producer with Topi Koki brand, has kicked off its initial public offering (IPO) for 700 million shares, representing 29.79% of its total issued and paid-up shares capital. The IPO is priced at Rp300-400 per share, to raise total proceeds of Rp210-280 billion. The book building started on Wednesday (May 24) and will last to June 6, 2017. The listing at stock exchange is scheduled for June 23, 2017.To subscribe please click here