PT Kapuas Prima Coal (KPC), engaging in iron ore mining and trading, has on Monday (Sept 25) kicked off its initial public offering (IPO) program for 550 million shares, representing 20.79% of its total issued and paid up capital, priced at Rp120-170 per share to raise total proceeds of Rp66 billion to Rp93.5 billion. This IPO is to serve the mandatory convertible bonds (MCB) worth Rp70 billion.To subscribe please click here