Initial Public Offering PT Widiant Jaya Krenindo Tbk

Initial Public Offering PT Widiant Jaya Krenindo Tbk

  • Initial Public Offering
  • Initial Public Offering
  • Initial Public Offering
  • Initial Public Offering

Congratulations to our client PT Widiant Jaya Krenindo Tbk (“WIDI”) for being officially listed on the Indonesia Stock Exchage.
Acting as the legal consultant, Imran Muntaz & Co (“IMCO”) had the honor of assisting WIDI in its successful Initial Public Offering (“IPO”) with a total IPO of IDR40,000,000,000.

In addition, WIDI simultaneously issued Series I Warrants accompanying the new shares of WIDI. Total funds from the Series I Warrants are IDR50,400,000,000 at maximum.

The proceeds of the IPO are proposed to be used for purchasing heavy equipment and financing daily operational needs. Meanwhile, the funds obtained from the exercise of the Series I Warrants will be used entirely as working capital for financing daily operational needs.

Our Managing Partner, Imran Muntaz, led the IMCO team, assisted by Senior Associate Agniya Anggraeni and Associates Cecilia I., and Radityo Fikri Morteza.