JAKARTA (Yosefadi) – PT Tunas Alfin Tbk (TALF), the largest independent packaging products manufacturer in Indonesia, will relist 270 million shares today (Jan 17), priced at Rp395 per share, to raise Rp106.65 billion.

Tunas Alfin was listed at the Surabaya Stock Exchange in 12 February 2001 but delisted in December 1, 2009 alongwith the merger of Surabaya Stock Exchange with Jakarta Stock Exchange (now IDX).

At 9.57 am Jakarta, TALF shares gained 7.09% to Rp423 per share.