IPO PT Hotel Fitra International Tbk (FITT)

June 17, 2019 No. 168

Offering Price : Rp 102,- per share
Nominal : Rp 100,- per share
Shares Issued : 220,000,000 Unit
Listing Date : 11 June 2019

Purposes of fund raised from IPO: 
- Additional landbank acquisition:   49.00%
- Construction of Convention Hall:   30.00%
- Hotel Facilities Maintenance, hotel equipment supply, and working capital:   21.00%

Purposes of fund raised from Warrant I
- increasing paid-up capital to subsidiaries:   100.00%