BW sets IPO price Rp525-Rp750

PT BW Plantation Tbk has set an initial public offering price in the range of Rp575-Rp750 per share. It reflects 5,5-7,9 x estimated P/E 2010.The company is scheduled to arrange a due diligence meeting and public expose today.
In the IPO, BW is helped by two lead underwriters PT BNP Paribas Indonesia and PT Danareksa Sekuritas.

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