IPO of PT Martina Berto, Tbk Exciting Cosmetic Iindustry INDONESIA
Jakarta,
January 13, 2011 - PT Martina Berto Page - Martha Tilaar Group, a
listed company with trading code "MBTO", today officially listed its
shares on the Indonesia Stock Exchange (IDX) with the release of 355
million new shares, equivalent to 33.17% from issued and paid-up capital.
Earlier in the calculation of demand for the IPO on January 10, 2011 at 18:00 by the three parties namely the Administrative Bureau of Securities (BAE), MBTO and Trimegah (Trimegah), subscribe for shares has been subject to oversubscribe MBTO 52 times.
According to Bryan David Emil, president of MBTO, "Excess demand for shares up to 52 times during the offer shows MBTO stock is very attractive to investors. We are optimistic that demand for our shares will continue trading skyrocketed from beginning to the future "
From the initial price range set, ie 650 - Rp850, share prices determined MBTO Rp740 per share. MBTO stock carrying on the trading floor, is a momentum for the Company to further develop and promote their business in the future.
Pamurahardjo Karman, Director Trimegah as underwriters of issuance, said, "The total number pooling portion received as many as 370,809,637 shares, it then becomes an indication of excess demand as much as 52 times the share of such pooling." "This also indicates the stimulation of Indonesian cosmetic industry in the stock"
Bryan also said, "We are very grateful to all at once grateful to the investors, because this (oversubscribe 52 times) is the real proof of public confidence over MBTO"
MBTO a few weeks ago had a roadshow to Singapore and Hong Kong get a big demand from foreign investors to the stock MBTO in the bookbuilding period. However, because of the name Martha Tilaar and brands are produced Martha Tilaar Group, the company is well known in the country, demand for shares than domestic investors also doubled.
Proceeds from the IPO is approximately 54% will be used to finance the construction of a new factory in Cikarang and the purchase of machinery and production tools and utilities. And the rest will be used to finance working capital (working capital), such as renovation of the warehouse, the development of Martha Tilaar Shop (MTS) as a customer service center in the country and as a market entry point for the Asia-Pacific, and various other development.
With the success of this IPO, MBTO position as cosmetics companies and spas for color cosmetic category will increase to rank one, and ranked third in the category of skin care.
"We hope the future will be one of cosmetics and spa company to reckon with in the Asia-Pacific," said Bryan during IPO listing (listing) in Indonesia Stock Exchange today.
Overview of PT Martina Berto Page - Martha Tilaar Group
PT Martina Berto Page - Martha Tilaar Group started from a home industry which was established in 1977. Majority ownership of shares owned by PT Inti Marthana Megahayu 99.98%, and the rest is owned by PT and PT Bringin Wulanki Ayu Martha Megahayu who each get 0.01% stake. The first trademark issued by the Company and is known widely by the people of Indonesia is Sari Ayu Martha Tilaar.
Company managed to become the first cosmetics factory in Indonesia to achieve ISO 9001 certification for quality management system in 1996. Not only that, in 2000 the Company re-certification for different fields, namely ISO 14001 certification for environmental management systems, as well as GMP certificate - CPKB & CPOTB.
Top performance and development of PT Martina Berto, PT - Martha Tilaar Group, which so rapidly, many national awards from both international mapun also been obtained, even recently received the "Top 10 Company Award Leader" who received DR. Martha Tilaar from UN Secretary General, Ban Ki Moon, at the UN Global Compact Leaders Summit in New York on the success of PT Martina Berto, PT. - Martha Tilaar Group in running the programs covered by the Global Compact's 10 principles of ethics such as human rights, labor, environmental sustainability and anti-corruption in line with the eight millennium development goals.
With the slogan "Local Wisdom Go Global", the Company had the vision to become one of the company's cosmetics and spa products industry (Beauty & Spa) with the nuances of the world's leading natural and cultural values east through product innovation and modern technology to maximize value to our interested parties.
Company objectives to be achieved within the next few years is to put yourself in 3 major industrial companies and cosmetic spa product in Indonesia. And afterwards, became one of the industry's leading cosmetics and spa products in Asia-Pacific.
For further information, please contact:
Handiwidjaja
Corporate Secretary
PT Martina Berto language.
Jl. Pulo Kambing II No.. 1
Pulogadung Industrial Estate
East Jakarta
T. (021) 4603717 - 19
F. (021) 46826316
E. corpsecretary@martinaberto.co.id
www.martinaberto.co.id
Earlier in the calculation of demand for the IPO on January 10, 2011 at 18:00 by the three parties namely the Administrative Bureau of Securities (BAE), MBTO and Trimegah (Trimegah), subscribe for shares has been subject to oversubscribe MBTO 52 times.
According to Bryan David Emil, president of MBTO, "Excess demand for shares up to 52 times during the offer shows MBTO stock is very attractive to investors. We are optimistic that demand for our shares will continue trading skyrocketed from beginning to the future "
From the initial price range set, ie 650 - Rp850, share prices determined MBTO Rp740 per share. MBTO stock carrying on the trading floor, is a momentum for the Company to further develop and promote their business in the future.
Pamurahardjo Karman, Director Trimegah as underwriters of issuance, said, "The total number pooling portion received as many as 370,809,637 shares, it then becomes an indication of excess demand as much as 52 times the share of such pooling." "This also indicates the stimulation of Indonesian cosmetic industry in the stock"
Bryan also said, "We are very grateful to all at once grateful to the investors, because this (oversubscribe 52 times) is the real proof of public confidence over MBTO"
MBTO a few weeks ago had a roadshow to Singapore and Hong Kong get a big demand from foreign investors to the stock MBTO in the bookbuilding period. However, because of the name Martha Tilaar and brands are produced Martha Tilaar Group, the company is well known in the country, demand for shares than domestic investors also doubled.
Proceeds from the IPO is approximately 54% will be used to finance the construction of a new factory in Cikarang and the purchase of machinery and production tools and utilities. And the rest will be used to finance working capital (working capital), such as renovation of the warehouse, the development of Martha Tilaar Shop (MTS) as a customer service center in the country and as a market entry point for the Asia-Pacific, and various other development.
With the success of this IPO, MBTO position as cosmetics companies and spas for color cosmetic category will increase to rank one, and ranked third in the category of skin care.
"We hope the future will be one of cosmetics and spa company to reckon with in the Asia-Pacific," said Bryan during IPO listing (listing) in Indonesia Stock Exchange today.
Overview of PT Martina Berto Page - Martha Tilaar Group
PT Martina Berto Page - Martha Tilaar Group started from a home industry which was established in 1977. Majority ownership of shares owned by PT Inti Marthana Megahayu 99.98%, and the rest is owned by PT and PT Bringin Wulanki Ayu Martha Megahayu who each get 0.01% stake. The first trademark issued by the Company and is known widely by the people of Indonesia is Sari Ayu Martha Tilaar.
Company managed to become the first cosmetics factory in Indonesia to achieve ISO 9001 certification for quality management system in 1996. Not only that, in 2000 the Company re-certification for different fields, namely ISO 14001 certification for environmental management systems, as well as GMP certificate - CPKB & CPOTB.
Top performance and development of PT Martina Berto, PT - Martha Tilaar Group, which so rapidly, many national awards from both international mapun also been obtained, even recently received the "Top 10 Company Award Leader" who received DR. Martha Tilaar from UN Secretary General, Ban Ki Moon, at the UN Global Compact Leaders Summit in New York on the success of PT Martina Berto, PT. - Martha Tilaar Group in running the programs covered by the Global Compact's 10 principles of ethics such as human rights, labor, environmental sustainability and anti-corruption in line with the eight millennium development goals.
With the slogan "Local Wisdom Go Global", the Company had the vision to become one of the company's cosmetics and spa products industry (Beauty & Spa) with the nuances of the world's leading natural and cultural values east through product innovation and modern technology to maximize value to our interested parties.
Company objectives to be achieved within the next few years is to put yourself in 3 major industrial companies and cosmetic spa product in Indonesia. And afterwards, became one of the industry's leading cosmetics and spa products in Asia-Pacific.
For further information, please contact:
Handiwidjaja
Corporate Secretary
PT Martina Berto language.
Jl. Pulo Kambing II No.. 1
Pulogadung Industrial Estate
East Jakarta
T. (021) 4603717 - 19
F. (021) 46826316
E. corpsecretary@martinaberto.co.id
www.martinaberto.co.id
Other News:
Local Wisdom Go Global
To be one of the world’s leading companies in cosmetics and spa industry with natural nuances and eastern values through product innovation and modern technology to optimize added value to stakeholders
Short Term Objective
To be Top 3 in Indonesian cosmetics and spa industry
Medium Term Objective
To be one of Asia Pacific players in cosmetics and spa industry
