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2 Companies to Join IDX after Week-Long Eid Holiday

Thresa Sandra Desfika
April 14, 2024 | 10:49 pm
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A man walks along a corridor at the Indonesia Stock Exchange building in Jakarta. (Uthan Rachim)
A man walks along a corridor at the Indonesia Stock Exchange building in Jakarta. (Uthan Rachim)

Jakarta. Two companies will go public as soon as the Indonesia Stock Exchange (IDX) resumes trading on Tuesday after a week-long holiday for Eid al-Fitr.

The energy consulting company Atlantis Subsea Indonesia will become the 21st company to get listed on the IDX this year after conducting an initial public offering at Rp 100 per share.

According to the IDX data, the company has a market capitalization of Rp 619.95 billion ($39 million).

Multi Hanna Kreasindo, which offers services to reuse, recycle, and recover industrial waste, also will join the IDX after an IPO with a market capitalization of Rp 600 billion.

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