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Immediately IPO, Oscar Mitra Sukses Sejahtera Offers Prices in the Range of Rp 100-Rp 125

Updated: Apr 8, 2022


https://investasi.kontan.co.id/news/segera-ipo-oscar-mitra-sukses-sejahtera-tawarkan-harga-di-kisaran-rp-100-rp-125


KONTAN.CO.ID - JAKARTA. PT Oscar Mitra Sukses Sejahtera Tbk will extend the list of companies holding an initial public offering (IPO) on the Indonesia Stock Exchange (IDX).

The company, which will be on the floor with the stock code OLIV, is carrying out an initial offering or bookbuilding period which will take place from today (4/4) until April 14, 2022.


Oscar Mitra Sukses Sejahtera offers a maximum of 400 million shares. This amount is equivalent to 21.10% of the issued and paid-up capital after the public offering.

The company, which operates in the retail trade of furniture for household appliances and kitchen utensils, offers an IPO price in the range of Rp. 100 to Rp. 125. Thus, through this corporate action, the company has the opportunity to pocket fresh funds of as much as Rp. 50 billion.


As a sweetener, Oscar Mitra Sukses Sejahtera also offers Series I Warrants a maximum of 400 million. This amount represents approximately 26.67% of the total issued and fully paid shares at the time the registration statement is submitted to the OJK.


Just so you know, Series I Warrants are given free of charge as an incentive for new shareholders whose names are recorded in the allotment list. Each shareholder is entitled to one warrant. One warrant gives the holder the right to buy one new share of the company issued in a portfolio.


Series I warrants have an exercise period of six months from issuance. In other words, the period is from October 24, 2022 to April 28, 2022.


For your information, in carrying out this IPO, Oscar Mitra Sukses Sejahtera collaborated with Danatama Makmur Sekuritas as the implementing underwriter.

If it goes according to plan, Oscar Mitra Sukses Sejahtera will have an effective date on April 21, 2022 and hold 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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