Sindonews.com -in contrast to the movement of the steel industry sector stocks in general are experiencing weakening, the shares of PT Steel Pipe Industry Tbk (ISSP) precisely recorded rise of 1.69 percent to thin the price than the bid price at Rp300 Rp295.
From the Board of the Exchange, stocks had recorded visible at the lowest level in its highest level and the level at Rp270 level Rp305.
Issuers who entered the steel industry sector has been traded as much as 613 times with trading Volume as many as 112 thousand lots and trade value of Rp16 billion.
At the time of initial public offering shares of Prime (initial public offering/IPO), the company's undoing as much as 2.9 billion shares or equivalent to 40 percent of a total of 7.185.992.035 shares.
The company's President Director, Ibn Susanto mentions, the company's shares are offered with prices per sheet Rp230 stocks that the Fund will be used to support the funding of the company.
"As much as 42,94 per cent for capital expenditures, for repayment of credit 12,06% working capital and the remaining 45 percent to an increase of working capital," said Ibn in the BEI, Jakarta, Friday (22/2/2013).
(rna)
Finance; Investment; Business; Economics
Finance; Investment; Business; Economics
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