Kioson Komersial Indonesia, engaging in e-commerce business, has set its IPO price at Rp300 per share, to raise total proceeds of Rp45 billion. It is the first for e-commerce business in launching for IPO. It offers 150 million shares or 23.07% of total issued and paid-up capital. The Company will use the IPO fund to acquire PT Narindo Solusi Komunikasi for Rp30 billion from Monjess Investama. PT Sinarmas Sekuritas acts as underwriter for this IPO.
