Five companies ready to go IPO in Q4

Five companies will be listed in the Indonesia Stock Exchange (IDX) in the fourth quarter (Q4) of 2016. Director of IDX Samsul Hidayat explained PT Anugrah Blessing Madani (ABMA Land) is planning listing on Oct. 3. Yesterday, has arrival two new public listed companies, PT Aneka Gas Industri Tbk (IDX: AGII) and PT Paramita Bangun Sarana Tbk (IDX: PBSA). By doing so, new issuers this year is estimated at 25 issuers. In details, 13 new issuers, the relisting, and five new issuers. PBSA and AGII listed on the main board listed company to 13 and to 14 this year. In his first trade, PBSA stock opened up 10 percent to Rp 1,320. Meanwhile, shares opened higher Agii 8.1 percent to a level of Rp 1,190 per share.