Initial Public Offering (IPO) of PT Jasa Armada Indonesia Tbk

By : Yesi Echink And Aldi Firhand A | Monday, December 18 2017 - 20:22 IWST

President Director of PT Jasa Armada Indonesia Tbk Dawam Atmosudiro (right) and Finance and HR Director PT Jasa Armada Indonesia Herman Susilo
President Director of PT Jasa Armada Indonesia Tbk Dawam Atmosudiro (right) and Finance and HR Director PT Jasa Armada Indonesia Herman Susilo

INDUSTRY.co.id - Jakarta - PT Jasa Armada Indonesia Tbk or IPC Marine as the largest vessel guidance and delisting service company in Indonesia held the Initial Offering Period starting on December 18-19, 2017. PT Jasa Armada Indonesia Tbk offers a maximum of 1,215,506,500 shares .

The offering price of shares is at Rp 380 per share. Therefore, the Company targets to reach Rp 461,892,470,000

PT Jasa Armada Indonesia Tbk allocates 90% of IPO proceeds to finance capital expenditure and 10% for working capital. The company plans to increase its fleet for the ship to ship (STS) business segment, channel line and private port.

PT Jasa Armada Indonesia Tbk is the largest and largest shipbuilding company in Indonesia (75 ships), the most experienced (57 years operating since 1960 as the Port PN Division), and the most reliable (serving 25 thousand ships / year with zero accident according to government standard) and most efficient (highest level of profitability in the field).

The prospect of captive market development is very high, where IPC has several projects that are categorized as National Strategic Projects based on President Decision.

The projects include New Priok Port (Kalibaru), Kijing, Sorong, and Cikarang-Bekasi Laut, whose development funds are already available at Rp 22 trillion. In the next five years, IP will have a 2-fold capacity from now.

JAI exclusively conducts guidance and suspension services throughout the IPC area with a 20-year contract.

News Comment

Today's Industry

Ilustrasi Tambang Batu Bara PT Bukit Asam Tbk

Senin, 22 Januari 2018 - 22:00 WIB

Half Day Break, JCI Closes Stronger to 6,511 Positions

Jakarta - The Jakarta Composite Index (IDX) closed up 0.32% or 20 points at the end of the first trading session Monday (22/01/2018) compared to last week's position at the level of 6,490.

Ilustrasi Bitcoin (Foto Dok Industry.co.id)

Senin, 22 Januari 2018 - 21:00 WIB

Do not Have Legality BI, OJK Banned Financial Services Market Bitcoin

Denpasar - The Financial Services Authority prohibits financial services institutions in Bali from utilizing and marketing digital currency or "bitcoin" because they do not have the legality…

Illustration Shelter Integrated with public transportation modes such as Transit Oriented Development (TOD)

Senin, 22 Januari 2018 - 20:31 WIB

This Year Kampung Rambutan TOD Development Begins

DKI Jakarta Provincial Government continues to boost residential development with the concept of transit oriented development (TOD) at Kampung Rambutan Terminal can begin this year.

Presiden Jokowi (Foto Biro Setpres)

Senin, 22 Januari 2018 - 20:00 WIB

President Jokowi Suggests Farmers Selling Harvest in Rice

Palembang - President Joko Widodo suggests rice farmers sell crops in the form of rice because the benefits of planting rice occur after harvest.

CCS Senior Manager PT Wahana Duta Jaya Rucika Putra Wijaya (left) and National Sales Manager PT Wahana Duta Jaya Rucika Sunyoto Bambang Kusumo talked after launching a new brand Rucika Wavin

Senin, 22 Januari 2018 - 19:30 WIB

Strengthen Position in Pipe Business, Rucika and Wavin Cooperate become Rucika Wavin

Although still a market leader in the piping sector, PT Wavin Duta Jaya still considers it necessary to strengthen it. One of them is by launching a new brand which is a merger of two products…