Dwiguna Laksana’s IPO Price Defines at IDR150

Dwiguna Laksana, Tbk (DWGL:IJ) had set the exercise price of the initial public offering (IPO) of shares. The price at IDR150 per shares, or on the upper limit of the range of the price quote. Company will issue as many as 3.1 billion share, or equivalent with 35.89% of total issued and fully paid capital after the IPO. Company is potentially raise fund up to IDR465Bn from these IPO. On the other hand, company also will issue 155 million warrants Series I. Later, every 20 new shares to obtain a warrant. As for the exercise price of the warrants was set at a price of IDR187 per warrant. While, around 56.19% the proceed will be used for capital participation in its subsidiary, namely Truba Dewata Guna Prasada (TDGP).To subscribe please click here