Google adsense

Tuesday, 31 August 2010

Indofood Consumer Branded Products

Indofood Consumer Branded Products to launch IPO on 28-30 September, appoints underwriters 
Indofood Consumer Branded Products (ICBP), a unit of Indonesian foods company Indofood Sukses Makmur, plans to launch an initial public offering of a 20% stake on 28–30 September 2010. A report in the online edition of Kontan cited the company’s IPO prospectus. ICBP will use 70%-80% of the IPO proceeds for settling its debt and the remaining funds will be used to boost its working capital, the item noted. In the first quarter 2010, ICBP got IDR 4.11tn in loans from its shareholders, the report added.

The company appointed Kim Eng Securities, Credit Suisse Securities Indonesia, Deutsche Securities Indonesia and Mandiri Sekuritas underwriters for the offering, according to the report.

ICBP plans to raise IDR 4tn–IDR 5tn (USD 555m) from the IPO.
USD 555m (targeted IPO proceeds)
Stake Value

Tuesday, 24 August 2010

New Blog Designs

Dear IPO blog readers,

Just wanted to drop a note to tell you that i have 'revamped' both my blogs 

Singapore IPO blog will remain dedicated to the Singapore IPO market while i am now more actively updating my personal blog on financial freedom. 

Do drop by my blogs to take a look. If you are a blog owner and would like to do a link exchange to either of the blogs, just drop me a email (slower response) or directly into the comments and i will do the necessary linkage.

Happy investing and trading. I will share more on the topic on what i think is the fastest way of reaching financial freedom in my personal blog in the coming weeks. :) 

Google Analytics