Shares of food and beverage company GarudaFood Putra Putri Jaya (GOOD), member of Todung Group, gained 49.8% to Rp1925 per share in its trading debut this morning. It offered 7.38 billion shares through the initial public offering (IPO), priced at Rp1284 per share, to raising total proceeds of Rp979.48 billion. It also offered 35 million shares through IPO, to convert mandatory convertible bond (MCB) into 727.84 million ordinary shares.