IPO PT Estika Tata Tiara Tbk (BEEF)
January 10, 2019
No. 157
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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%