Shares of property and hotel developer PT Sanurhasta Mitra Tbk (MINA) gained 69.5% to Rp178 per share. Its IPO price was RpRp105 per share. The Company raised Rp27.56 billion from IPO, used to acquire 41.5% stake in PT Minna Padi Resorts and for working capital. Its assets reached Rp117 billion while liability amounted Rp3.48 billion. The Company booked revenues of Rp10.35 billion in 2016 and suffered lost of Rp2.67 billion.