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Tuesday, 22 November 11
ABM INVESTAMA SETS IPO AT RP 3,750


Insider Stories reported that, Integrated energy company PT ABM Investama Tbk has determined the IPO price at Rp3,750 (approximately US$ 0.415) per share from the range of Rp 3,250-Rp 4,650 (approximately US$ 0.415-0.514) per share. Referring to the price, ABM Investama will bag Rp 2.6 trillion (approximately  US$ 287,769,784) proceed.

A source, as quoted by Bisnis Indonesia today, said the company will sell 20% stake during the IPO. PT Macquarie Securities and PT Mandiri Sekuritas are acting as the lead underwriter, while Morgan Stanley is a global coordinator for the IPO.
Source: Indiser Stories



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Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
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Tuesday, 22 November 11
A SURPRISINGLY STRONG WEEK FOR THE CAPES - BRS
Positive gains for most of the segments this week, the exception being the Handysizes. Overall the BDI ended the week at 1,895 points (+3.3% week-on ...


Tuesday, 22 November 11
APPETITE FOR DRY BULK VESSELS SLOWS DOWN AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was down at the beginning of the week, as demand for Capesize vessels was particularly low. The industry’s benchmark, the ...


Monday, 21 November 11
CAPESIZES DRIVE MARKET LOWER, ANALYSTS DIVIDED ON DRY BULK OUTLOOK IN THE LONG RUN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market ended the week on a sour note, with the industry’s benchmark heading downwards to 1,895 points, which represented a slight ...


Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
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