Management of PT Bukit Uluwatu Villa Tbk has determined IPO price at Rp260 per share, the top level of its price offer at Rp230-Rp260 per share.
As reported by Kontan daily today, Finance Director of Bukit Uluwatu John D. Rasjad declined to comment on the information.
"We haven't obtained any effective statement from Bapepam-LK, so we can't disclose the IPO price," he said. Considering the price, Bukit Uluwatu enables to raise Rp222.86 billion of fresh cash from the IPO.
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