JAKARTA (Yosefardi) – Shares of hospital developer and operator PT Siloam International Hospitals Tbk (SILO), member of Lippo Group, gained 0.2% to Rp9,200 per share in its trading debut this morning.
While composite index of the Indonesia Stock Exchange (IDX) opened down 0.4% to 4,331. Most regional markets were in green this morning.
SILO offered 156.1 million shares at Rp9,000 per share in through initial public offering (IPO). After the IPO, Lippo Karawaci (LPKR) holds 86.5% shares in Siloam, which operated 13 hospitals as at April 30, 2013 with capacity of 3436 beds, 1178 doctors, and 2607 nurses and paramedic.
LKPR also gained 0.9% to Rp1,100 this opening trade.