IPO PT Jasa Armada Indonesia Tbk (IPCM)

December 22, 2017 No. 95

Offering Price : Rp 380,- per share
Nominal : Rp 100,- per share
Shares Issued : 1.215.506.500 Unit
Listing Date : 22 December 2017

Purposes of fund raised from IPO: 
- Working Capital for business expansion. Purchasing of tugboats	                	90%
- Working Capital for supporting company's expansion: boat maintenance, 
   cash for marine service activities, employee salary, overhead expense.		10%