Bumitama Agri

Bumitama Agri upcoming IPO: Indicative stats below.
Global offering size of 327,324,000 shares (including over-allotment, 18.6% of enlarged share capital) comprising: 124,833,000 shares for cornerstone subscriptions; 187,491,000 Offering Shares for international placement; 15,000,000 Offering Shares for public offer. INDICATIVE PRICE RANGE: $0.675-S$0.745 per share

P/E FY12: 10x – 11x. Valuation is inline with Indonesia's peers trading range. Gross Proceeds (Including Over-allotment): $220.9m-$243.9m

MARKET CAPITALISATION (Based on indicative pricing): Approx $1,186m-$1,309m (assuming over allotment exercised in full) LOCK-UP: 6 months from listing date for all existing shareholders

INDICATIVE TIMETABLE:
Roadshow: 26 March, Mon – 2 April, Mon
Books open: 26 March, Mon
Books close: 2 April, Mon (5PM based on UK time) or subject to notification by the JBRs
MAS registration / Allocation: 3 April, Tues
Singapore Public Offer: 4 April, Tues – 10 April, Tues
Expected listing: 12 April, Thurs