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Sunday, 24 June 2018 | 15:24
PKPI Founder Tatto Sugiarto Pradjamanggala Dies at 80 One of the founders of the Indonesian Justice and Unity Party
or PKPI, Tatto Sugiarto Pradjamanggala, has passed away on
Friday evening
Sunday, 24 June 2018 | 15:02
Sandiaga Uno: Residents Want to See the Asian Games Torch Jakarta administration will hold 2018 Asian Games Torch
Festival in six areas of Jakarta.
GMF AeroAsia Goes Public
GMF AeroAsia's fourth and newest hangar at Soekarno-Hatta International Airport in Tangerang, September 28, 2015. TEMPO/Marifka Wahyu Hidayat
Tuesday, 10 October, 2017 | 15:34 WIB
GMF AeroAsia Goes Public

TEMPO.CO, Jakarta - The Indonesia Stock Exchange (IDX) inaugurated the initial listing of Garuda Indonesia`s subsidiary, Garuda Maintenance Facility AeroAsia (GMF AeroAsia) today, October 10. GMF AeroAsia becomes the 25th issuer that went public this year, listed under the code GMFI.

"The stock of Garuda Maintenance Facility AeroAsia is now listed on the IDX under the code GMFI, and will be traded on the main board," IDX director for corporate assessment Samsul Hidayat said in Jakarta today.

GMF released 2.82 billion shares to the public of issue, which is worth 10 percent of the company's paid-in capital. In the initial public offering (IPO), the shares were offered for Rp400 per unit, garnering GMF Rp1.27 trillion proceeds.

GMF president director Iwan Joeniarto said the IPO proceeds will be used to for expansion activities and the construction of aircraft maintenance facilities in Batam, Australia, East Asia and the Middle East.

ANTARA



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