PT Armidian Karyautama Tbk, engages in construction, services, and trading, has this morning kicked off its initial public offering (IPO) for 1.64 billion shares, representing 20% of its total issued and paid-up capital. The book building starts today and will last in June 2, 2017. The offering is scheduled for June 15-16, 2017 and listing at stock exchange is set for June 22, 2017. PT Yuanta Sekuritas Indonesia acts as underwriter for this IPO.

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