ICT solution firm Mastersystem Infotama (MSTI) has kicked off its initial public offering (IPO) for 667 million shares, representing 20% of its total issued and paid-up capital, priced at range of Rp1,355 to Rp1,595 per share, to raise maximum proceeds of Rp1.06 trillion. MSTI also issued 20.01 million shares or 3% for employee stock allocation program and 80.04 million or 3% for management stock option program.To subscribe please click here
