PR HK Metals Utama, member of Hyamn Group, engaging in metal and steel manufacturing, has set its IPO prices at Rp230 per share, to raise total proceeds of Rp337.33 billion. It will offer 1.02 billion new shares, representing 31.71% of total issued and paid-up capital. IPO proceeds will be used to injecting capital in subsidiaries and for working capital of Company, also PT Handal Aluminium Sukses.