Property developer PT Propertindo Mulia Investama will this week (Sep 26-28) offer 1.49 billion shares through the initial public offering (IPO), representing 15.01% of its total issued and paid up capital. It has set IPO prices at Rp175-225 per share, to raise total proceeds of Rp261.19 billion to Rp335.81 billion for funding investment and working capital.
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