Garuda Offering Closed Rp 620 per share?

Make Money Blog$-Jakarta Stock prime-PT. Garuda Indonesia closed at Rp 620 onFriday afternoon (02/11). Garuda promised to use the fundsacquired from these shares according to his promise to investors."The share price was the market mechanism," said Satar,president director of Garuda Indonesia in Bogor, on Friday(11/02). According to him, it did not make the initial stock pricedecline.


According to him, his party has been trying hard to offer its shares, including a roadshow to foreign investors. "But his follow-upconducted by underwritter," said Satar.

He said he promised would use funds obtained from selling the shares according to its commitments to investors. He said, the fund earned 3.3 trillion has been insufficient demand, including for the purchase of new aircraft.
Garuda issuing 6.33 billion shares. Of that amount, only half of thatabsorbed by the market. The rest was purchased by theunderwriters (underwriter). These airlines reap funds Rp 4.75trillion from the IPO.
source:. tempointeraktif.com
AHMAD Rafiq

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