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On the IDX, Oscar Mitra Sukses Sejahtera (OLIV) Releases 400 Million Shares

JAKARTA - PT Oscar Mitra Sukses Sejahtera Tbk, with its brand “Oscar Living”, is ready to take the floor as a public company and answer the challenge of becoming a leader in the online furniture trade sector in Indonesia.

Oscar Mitra Sukses Sejahtera continues its achievements as a legal entity by listing its shares (IPO) on the Indonesia Stock Exchange today with the stock code OLIV.

The number of shares offered to the public is 400 million shares or about 21.10% of the issued and fully paid capital, at a price of Rp 100 per share.

With that, the funds raised from the public through this Public Offering are worth Rp. 40 billion.

President Director of OLIV, Hendro Jap said, with this IPO, PT Oscar Mitra Sukses Sejahtera Tbk hopes to continue to be a market leader for furniture traders, especially online and take part in the national digital and creative economy industry.

"Through this opportunity, we would like to invite all Indonesian people to be part of our journey to achieve this goal. With a strong capital structure and full support from the public, PT Oscar Mitra Sukses Sejahtera Tbk is ready to continue to be one of the proud companies of Indonesia, "Hendro said in his official statement, Tuesday (17/5/2022).

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