Nov 24, 2011

Cardig Services set IPO at Rp400

PT Cardig Aero Services Tbk has set the IPO price at Rp400 per share, in the middle of the range between Rp350-Rp590  per share.
Referring to the price, Cardig Services will grab Rp125.21 billion from the sale of 313.03 million shares or 15% of its outstanding shares.
Disclosure: No position at the stock mentioned above.
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