Maxindo Karya Anugerah corrects IPO proceeds use report, says IDR 42.27 billion allocated to working capital
Bitget2026/09/23 11:20- PT Maxindo Karya Anugerah Tbk issued a correction to its earlier report on the use of IPO proceeds.
- Gross IPO proceeds were IDR 45 billion; offering costs totaled IDR 2.74 billion.
- Net proceeds were IDR 42.26 billion; realized use of funds was IDR 42.27 billion, allocated 100% to working capital.
- Remaining funds were reported at IDR 0.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
