JAKARTA (Yosefardi) – PT Siloam International Hospitals Tbk, member of Lippo Group, targets to raise funds of between Rp1.8 trillion to Rp2.3 trillion through the initial public offering (IPO).
The company plans to offer 162.75 million shares, representing 14% of total issued and paid-up shares capital. Some 52.5% of IPO proceeds will be used to fund the purchase of medical equipment and renovation of hospital building.
The company also plans to build new hospitals in Java, Sumatera, and est part of Indonesia region.
Acting as underwriters for the IPO are PT Ciptadana Securities and PT Credit Suisse Securities Indonesia. The book building is scheduled for today until August 26, 2013. The offering is set for September 4-6, 2013 and listing at stock exchange is targeted at September 12, 2013.
The company’s shareholders are PT Megapratama Karya Persada (69.9%), PT Kalimaya Pundi Bumi (10%), PT Sanfira Prima Utama (10%), PT Nilam Biru Bersinar (5%), PT Gloria Mulia (5%), and PT Maharama Sakti (0.1%).