IPO PT Estika Tata Tiara Tbk (BEEF)

January 10, 2019 No. 157

Offering Price : Rp 340,- per share
Nominal : Rp 100,- per share
Shares Issued : 376,862,500 Unit
Listing Date : 10 January 2019

Purposes of fund raised from IPO:
- purchase of live cattle both locally and imported :   45.00%
- the purchase of meat, mostly from imports and locally, and advanced products, such as 
  sausages, meatballs, minipao, and other processed products:    25.00%
- expansion of cages, investment in new production facilities in Subang and investment 
  in buildings to increase production capacity in Salatiga:   30.00%