We posted three articles before the downfall of Pollux Properties (POLL). We started with an article titled ‘Pollux Property: Bigger than Ciputra?’ on August 16, 2019. Back then Pollux market capitalization already reached Rp32 trillion or US$2.3 billion from Rp4,820 per share, eight times the IPO price of Rp615 in July 2018. UOB Kay Hian Sekuritas was lead underwriter of POLL. To subscribe please click here
