Entus AM - Wika Beton
PT Wijaya Karya Beton Tbk (WTON) won two (2) prestigious awards from Alpha Southeast Asia, namely “Best IPO Deal of the Year 2014 in Southeast Asia” and “Best IPO of the Year 2014 in Southeast Asia for Retail Investors “for the success of WIKA Beton in Initial Public Offering (IPO) in the capital market, which was held on April 8, 2014. The award was received by the Director of Finance & Human Capital, Entus Asnawi Mukhson, on January 29, 2015 in Kuala Lumpur, Malaysia.
A little flashback of WTON stock performance, at the initial opening, Wika Beton stock rate rose up to Rp730 per share. The rate rose Rp140 from the initial rate offered at the time of the IPO in the range of Rp590 per share. WIKA Beton issued 2,045,466,600 shares or equal to 23.47 percent of the shareholders of the company. From the initial stock selling, WIKA Beton obtained fund of Rp 1.2 trillion. As of January 31, 2015, there are 8885 investors of WIKA Beton consisting of institution and individual both local and foreign investors.
The achieved success is the result of good cooperation with the parties that managed to succeed WIKA Beton IPO such as, Mandiri Securities, Danareksa, Bahana Securities and Sucorinvest as underwriters of WTON, also other supporting agencies, they are PT Datindo Entrycom as a Stock Administration Agency, HLB Hadori Sugiarto Adi & Partners as a Public Accounting Firm, M. Nova Faisal, SH., M.Kn as a Notary, Tumbuan & Partners as a Legal Consultant, KJPP Toha, Okky, Heru & Partners as a Public Appraiser, Kita Communications as a Public Relations Consultant.
WIKA Beton appreciates this award, because it may provide motivation and encouragement for the management and employees to continue progressing and developing after-IPO.