Aneka Gas Industri will conduct IPO in September

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PT Aneka Gas Industri, a company which manufactures chemical gases for industry, plans to conduct an Initial Public Offering (IPO) of 25 percent of the issued shares in September 2016. The plan, Aneka Gas Industri will use the IPO proceeds to expand its business, pay debts and for working capital. The company has conducted a mini exposure to the Indonesia Stock Exchange (IDX) on June 27. Samsul Hidayat, Director of Corporate Valuation of IDX said, Aneka Gas Industri has appointed Mandiri Sekuritas, RHB OSK Securities and DBS Vickers Securities as underwriter to oversee the event. According to him, the firm currently has assets of around Rp 5 trillion and total equity of Rp 2 trillion. The company has several time issued bonds since 2008.

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Source: The Insiderstories
Aneka Gas Industri will conduct IPO in September

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