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Shares of Oscar Mitra Sukses Sejahtera Tbk (OLIV) Record Transactions of IDR 22.6 Billion

JAKARTA - Shares of PT Oscar Mitra Sukses Sejahtera Tbk (OLIV) or Oscar Living rose during the listing, even touching the top autorejection (ARA) to level 110.

This stock online furniture issuer received Rp 40 billion from the proceeds from the initial public offering (IPO). OLIV released 400 million shares to the public, equivalent to 21.1%, with an IPO price of IDR 100 per share.

RTI data, at 9.35 WIB, OLIV shares rose 3% or 3 points at level 103. The value of trading transactions reached Rp. 22.6 billion from 217.3 million shares.

OLIV is one of the pioneers in online sales, the company is invited to share various marketplaces, one of which is JD.ID where the company received an award as the first furniture store in the marketplace.

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