Monday, March 25, 2013

PT Dyandra Media International Tbk (DYAN) Oversubscribed 40.6 Times

After conducting the General Offer Period on 15 - 18 and March 19, 2013 to the public investor and analyze the results of incoming requests during the period the stock offering, the number of bookings excess 40.6 times from the pooling portion.

"Potential investors are very enthusiastic about the PT Dyandra Media International Tbk (DYAN), proven by a large number of applicants who apply for share on this 3 days of General Offer Period," said Iman Rachman, Director of Investment Banking of PT Mandiri Sekuritas who act as the underwriters in DYAN's IPO, in its press release today. It is also emphasized by Shiantaraga, Director of PT OSK Nusadana Securities Indonesia who along with PT Mandiri Sekuritas appointed as joint lead underwriters of PT Dyandra Media International Tbk's IPO.

With the stock offering price of Rp 350, - per share, the total funds raised by DYAN expected to Rp 448.7 billion from 1.282 billion new shares, equivalent to 30% of the capital issued and paid-up after the public offering. "The proceeds from the issuance of new shares will be allocated to spur the growth of DYAN's portfolio," as mentioned by Danny Budiharto, Director of Operations PT Dyandra Media International Tbk.

PT Dyandra Media International Tbk (Dyan) Oversubscribed 40.6 Times


Listed as the official on the Stock Exchange on March 25, 2013


PT Dyandra Media International Tbk will be listed on the Stock Exchange as the issuer on March 25, 2013 with the stock code "DYAN". The company has received final approval to conduct Initial Public Offering (IPO) of the OJK ( Otoritas Jasa Keuangan / Financial Services Authority ) on March 13, 2013.

"Market participants see business opportunities in the field of MICE (Meeting, Incentive, Convention, Exhibition) in Indonesia is very good," said Danny Budiharto DMI as Director of Operations. He added that DYAN stock has a high value as investors hunted for a good long term investment for their portfolio.

No comments:

Post a Comment