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10/15/12

Stock Price Offered Adi Sarana Armada Rp 360-600 per sheet



Jakarta - PT Adi Sarana Armada, transport solution services company that is part of the Group's share price inaugural Triputra offer in the range of Rp 360 to Rp 600 per share.


The Company plans to sell 1.36 billion shares or 40.03% of the equivalent shares are listed. Claiming price limit, funds that could be achieved in the IPO ASSA is a maximum of Rp 816 billion.

The Company scheduled offering period October 15 to 25 with an estimated listing on the Indonesia Stock Exchange (BEI) in the third week of November 2012. Acting as a guarantor of issuance, PT Bahana Securities and PT Buana Capital.

He added that the transportation service business for koporasi very bright, especially considering Indonesia's economy is good.

As an illustration, banks require a car for 700-800 vehicles operational. And by working with ASSA, then the client does not need to think about the cost of the vehicle expenditures, including operational drivers, insurance and maintenance.

"We do not just sell rental services, but also meet the needs of an optimal transportation company," he said in Jakarta, Monday (10/15/2012).

Until now the company has 33 branch offices. Starting in 2003 which only has 819 units of the fleet, the company is now able to serve corporate customers with a fleet of 10,000 units.

In addition to pebelian fleet, approximately 32% of IPO proceeds as a loan repayment to the Bank, QNB Bank Kesawan, Bank International Indonesia, Bank Central Asia (BCA), BCA Syariah, Bank OCBC NISP, and ANZ Panin Bank. While the remaining 10 percent for infrastructure development and business networks.

source: detik.com
(WEP / dru)

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