17 June 2013, Lippo Group - Affiliated Multipolar to Go Public

PT Multipolar Technology, the Lippo Group-affiliated company, plans to go public by issuing 375 million shares.

The shares will be offered between Rp 425 and Rp 500 each which means capital of between Rp 159.37 billion and Rp 187.5 billion will be accrued.

The underwriter is PT Ciptadana Securities. Ciptadana Securities Investment Banking Director John Hery Teja said as quoted by that the shares would only be offered to the domestic market.