JAKARTA (Yosefardi) – Shares on PT Bank Harda Internasional Tbk (BBHI) gained 1.6% to Rp127 per share in its trading debut this morning while the overall market was under pressure of heavy panic selling.
BBHI listed 3.6 billion shares at the Indonesia Stock Exchange (IDX), priced at Rp125, then its market capitalization reached Rp451.68 billion.
The bank offered 800 million shares through the initial public offering (IPO) scheme, to raise proceeds of Rp3.6 billion.
BBHI booked net profit of Rp12.4 billion in 2014 on net interest income of Rp81.7 billion. Its assets reached Rp2.02 trillion while liability amounted Rp1.73 trillion.