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Ready go to the floor,PT Oscar Mitra Sukses Sejahtera Aims for a Maximum IPO Fund of IDR 50 Billion



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Immediately taking the floor on the Indonesia Stock Exchange (IDX), PT Oscar Mitra Sukses Sejahtera Tbk is preparing to conduct an initial public offering (IPO). The IPO price that will be offered is in the range of IDR 100-125, so that through this corporate action the company has the opportunity to pocket fresh funds of up to IDR 50 billion.


Oscar Mitra Sukses Sejahtera offers all of its shares to a maximum of 400 million shares. This amount is equivalent to 21.10% of the issued capital which will be paid up after the public offering. In carrying out this IPO, Oscar Mitra Sukses Sejahtera collaborated with Danatama Makmur Sekuritas as the implementing guarantor of the securities issuance.


The company, which is engaged in the retail trade of furniture for household appliances and kitchen utensils, is carrying out an initial bidding or bookbuilding period which will take place from April 4, 2022 to April 14, 2022. If it goes according to plan, OLIV will have an effective date of April 21, 2022 and held an initial public offering period on April 22-27 2022. The date for listing shares on the stock exchange will take place on April 29, 2022.

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