PT Borneo Olah Sarana Sukses (BOSS), a small coal producer, has set up its IPO price at range of Rp350 to Rp600 per share, expecting to raise total proceeds of Rp140-Rp240 billion. BOSS will offer 400 million shares through initial public offering (IPO), representing 28.57% of its total issued and paid-up capital. The pre offering or book building is set for Jan 24-26, 2018 and the offering is scheduled for Feb 9-13, 2018. Listing on the Indonesia Stock Exchange (IDX) is expected for Feb 21, 2018. PT Victoria Sekuritas Indonesia acts as underwriter for this IPO.
