Now 502 Listed Indonesian Companies on the Indonesia Stock Exchange

Particularly after the official result of the presidential election is announced on 22 July 2014, causing a more certain political and economic climate (unless the result is disputed and needs to be handled by the country’s Constitutional Court first which will take up to late August before a final decision is made), companies are expected to be more enthusiast to hold an IPO.

Warsito emphasized that it is important to have more IPOs in Indonesia, Southeast Asia’s largest economy, as it deepens the capital market. Currently the number of listed companies on the IDX is low compared to other countries. For example, Singapore and Malaysia have about 700 and 900 listed companies, respectively. Therefore, the IDX has been busy to make it more attractive for Indonesian companies to publicly trade their shares (for example by implementing easier rules to hold an IPO) and try to educate Indonesian companies about the advantages of being a listed company.

Sitara Propertindo, an Indonesian property company, raised IDR 424 billion by releasing four billion shares, or 39.96 percent of its enlarged share capital. The company’s shares rose 69.8 percent on its first trading day. Meanwhile, Bank Dinar (a financial institution) released 500 million shares, or 22.22 percent of the company’s enlarged share capital. Shares of the bank rose 70 percent on its trading debut.

Stock Quote Sitara Propertindo - TARA:

Stock Quote Bank Dinar Indonesia - DNAR:

 

Last Update: 29 Mar 2021

IPOs in 2014 up to 12 July

Company	P: 29 Mar 2021	P: 28 Mar 2021	Gain/Loss	P/E ttm	Yield %	Gain/Loss YTD
Bank Panin SyariahPNBS	83	82	1.22%	N/A	0.00%	-4.60%
Asuransi Mitra Maparya Tbk.ASMI	925	930	-0.54%	N/A	0.00%	-6.57%
Bank Ina Perdana Tbk.BINA	1,560	1,550	0.65%	N/A	0.00%	64.21%
Capitol Nusantara Indonesia Tbk.CANI	186	186	0.00%	N/A	0.00%	22.37%
Tunas Alfin Tbk.TALF	310	258	20.16%	N/A	0.00%	13.97%
Bali Towerindo Sentra Tbk.BALI	700	690	1.45%	N/A	0.00%	-6.04%
Wijaya Karya BetonWTON	334	344	-2.91%	N/A	0.00%	-20.85%
Graha Layar PrimaBLTZ	4,600	4,650	-1.08%	N/A	0.00%	53.85%
Intermedia Capital Tbk.MDIA	63	66	-4.55%	N/A	0.00%	3.28%
Eka Sari Lorena TransportLRNA	180	185	-2.70%	N/A	0.00%	1.69%
Link NetLINK	3,240	3,200	1.25%	N/A	0.00%	25.10%
Chitose InternasionalCINT	238	244	-2.46%	N/A	0.00%	-6.30%
Magna Finance Tbk.MGNA	50	50	0.00%	N/A	0.00%	0.00%
Batavia Prosperindo Internasional Tbk.BPII	7,300	7,300	0.00%	N/A	0.00%	-15.12%
Mitrabara AdiperdanaMBAP	2,810	2,800	0.36%	N/A	0.00%	1.08%
Sitara Propertindo Tbk.TARA	50	50	0.00%	N/A	0.00%	0.00%
Bank Dinar Indonesia Tbk.DNAR	196	210	-6.67%	N/A	0.00%	6.52%
Combined Total	22,825	22,795	0.13%			6.89%

Green colour indicates upward movement Red colour indicates downward movement P = price; E = earnings; D = dividend; Yield = D/P "N/A" indicates P/E < 0 (negative earnings) "-" indicates E,D,P or YTD is not available

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