MPM sets Rph1,500 price for IPO

12 May 2013

Indonesia’s Mitra Pinasthika Mustika has fixed a price of Rph1,500 for its IPO, giving the motorcycle distributor a deal size of $149m.

The price, which was set on Friday, is at the low end of the Rph1,500 to Rph2,000 ($0.2) range that bookrunners came out with two weeks ago and equates to a ratio of 12.3 times 2013 earnings and 9.8 times 2014 earnings.

At the time of launching ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.