Developers Hunt Fresh Fund in the Capital Market

By Editorial Team 01/10/2019
Summary

The property developers dominate the new and prospective issuers in the Indonesian Stock Exchange this year. From 60 new issuers, around 25 percent or 15 of them are property companies, from housing to commercial building developers.

Some of the new issuers are PT Pollux Investasi Internasional Tbk, PT Nusantara Properti Internasional Tbk, PT Hotel Fitra International Tbk, and PT Eastparc Hotel Tbk. Meanwhile, PT Bhakti Agung Propertindo Tbk dan PT Nusantara Almazia Tbk, two apartment and office contractors, held initial public offerings (IPOs) in September.

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