Ciputra Development placement at discount
Institutional investor has placed 631.32 million shares in property developer PT Ciputra Development Tbk (CTRA) at Rp750 a share or Rp473.49 billion.
According to the offering structure obtained by The Insider Stories today, the investor offered 4.2% of CTRA shares at 3.8%-8,8% discount of yesterday’s closing level at Rp800 a share.
Ciputra Development is developer and sells real estate including office spaces, shopping centers, and related facilities as well as industrial estates.
The seller has mandated Credit Suisse as the sole bookrunner. Trading date is expected to be held on May 4 2012 and the settlement date on May 9 at Indonesia Stock Exchange.
Ciputra is controlled by Indonesian businessman Ciputra via PT Sang Pelopor with 30,63%, Credit Suisse Singapore holds 8.08%, Bayan Akochi with 0.20%, and public shareholders with 61.09%.
Disclosure: No position at the stock mentioned above.
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5 Responses to Ciputra Development placement at discount
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berita bener atau cuman isapan jempol yang merilis ulang detik tgl 28 maret? bukankah sudah kuno?
sudah terbukti kan?
Saya menulis dari offering letter,,,bukan spt berita detik yang bapak anggap isapan jempol…kalau tidak percaya, tidak menjadi masalah kan?
makasih info-nya
semoga berita2 sperti ini berkelanjutan dan tetap bisa dipercaya.
Sama2 mas Tidar.