Multifiling Mitra surges 40% on trading debut

JAKARTA: PT Multifiling Mitra Indonesia Tbk today surged 40% to IDR280 per share from the IPO price at IDR200. The 23st listed companies are moving at the range of IDR270-IDR300 per share.
Wandrik Panca Adiguna | 29 Desember 2010 03:00 WIB

JAKARTA: PT Multifiling Mitra Indonesia Tbk today surged 40% to IDR280 per share from the IPO price at IDR200. The 23st listed companies are moving at the range of IDR270-IDR300 per share.

Ito Warsito, Indonesia Stock Exchange President Director, said Multifiling is hopefuly to add trading liquidity of the market. "We remind that as a publicly listed company, it should require several conditions," he said today.Multifiling disposes 257.58 million shares into the market, grabbing IDR51.52 billion proceed.The Multifiling IPO has enlarged IDX market capitalization to IDR3,209.42 trillion. Ciptadana Securities is lead underwriter for the IPO. (wiw)

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