Shipping firm PT Pelita Samudera Shipping Tbk plans to launch the initial public offering (IPO) for 1 billion shares,representing 20% of its total issued and paid-up capital, priced at Rp135 per share. The offering starts today and will last in Nov 29. The listing at stock exchange (IDX) is set for Dec 5, 2017. Acting as underwriters are PT BCA Sekuritas, PT Phillip Sekuritas Indonesia, PT Erdikha Elit Sekuritas, PT Shinhan Sekuritas Indonesia, and PT KGI Sekuritas Indonesia.