Toba Surimi corrects IPO proceeds use-of-funds report, records IDR 2.47 billion remaining fund
Bitget2026/10/08 06:08PT Toba Surimi Industries issued a correction to its report on the use of IPO proceeds, covering the period ended June 30, 2026. Gross IPO proceeds totaled IDR 58.5 billion; offering costs were IDR 3.27 billion; net proceeds were IDR 55.23 billion. Realized use of funds reached IDR 52.76 billion, leaving IDR 2.47 billion unspent. Remaining IDR 2.47 billion was placed at Bank Negara Indonesia at a 1.9% interest rate. Funds realized were mainly allocated to working capital at IDR 52.11 billion; IDR 650 million went to sea vessel procurement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Toba Surimi Industries Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32164601) on October 08, 2026, and is solely responsible for the information contained therein.
- PT Toba Surimi Industries issued a correction to its report on the use of IPO proceeds, covering the period ended June 30, 2026.
- Gross IPO proceeds totaled IDR 58.5 billion; offering costs were IDR 3.27 billion; net proceeds were IDR 55.23 billion.
- Realized use of funds reached IDR 52.76 billion, leaving IDR 2.47 billion unspent.
- Remaining IDR 2.47 billion was placed at Bank Negara Indonesia at a 1.9% interest rate.
- Funds realized were mainly allocated to working capital at IDR 52.11 billion; IDR 650 million went to sea vessel procurement.
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.
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