Jul 6, 2010

SkyBee seals 6.7 folds oversubscribed

PT Skybee has seized an overwhelming demand for the IPO shares during two days offering period. The company confirms that the IPO obtains 6.5 folds oversubscribed.
Skybee Finance Director Felix Kristiani, as reported by Kontan daily, the company offers 235 million shares or 40.17% stakes at Rp375 per share.
SkyBee's lead underwriter PT Lautandhana Securindo will underwrite Rp87.21 billion or 98.96% and the remaining is taken by seven brokerages such as PT Danasakti Securities, PT Dinamika Usahjaya, PT e-Capital Securities, PT Erdhika Sekuritas, PT Kresna Graha Sekurindo Tbk, PT Panin Sekuritas Tbk, and PT Victoria Sekuritas. SkyBee will be scheduled to list its shares in Indonesia Stock Exchange on July 7 2010.  

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