Financing firm PT First Indo American Leasing Tbk (Firstindofinance) has this morning kicked off its initial public offering (IPO) for 766 million shares, representing 35% of its total issued and paid-up capital. The IPO prices is set at Rp105 per share, then the Company would raise Rp80.43 billion. The offering is scheduled for June 2 & 5, 2017 and listing at stock exchange is set for June 8, 2017. PT UOB Kay Hian Sekuritas acts as underwriter for this IPO. Current shareholders of the Company are PT Inti Sukses Danamas (67.9%), PT Multikem Suplindo (21.82%), PT Sakuma Internasional SA (10.28%).
