Hi Anneke,
Let me try to answer your question, ya. However, you should confirm again
to the regulator about the details.
Anyway...
To become a public company, every corporation that has been operating for
at least 12 months, having at least Rp 5,000,000,000 (five billions rupiah)
of net tangible asset, has received an Authentic Without Exception opinion
from a public accountant registered in the BAPEPAM for its latest audited
annual financial report, has sold at least 50,000,000 (fifty millions)
shares or 35 (thirty five) percent of its total issued shares (depends on
which one is the smallest number) and having at least 500 (five hundreds)
shareholders, can become a public company that shares are traded in the
Bourse.
To help the preparation of all documents needed, including the process of
public offering, a company has to appoint an Underwriter. The issuing
company can appoint one or more Underwriters to support its process of
going public.
1. The approval of shareholders through the General Meeting of
Shareholders.
2. Appointment of Underwriter to help preparing all documents needed and
arranging marketing efforts so that the Public Offering will achieve
success. Coordinating with Underwriter, a company need to prepare some
documents needed, such as:
- Financial Report audited by a public accountant registered in the
BAPEPAM-LK <http://www.bapepam.go.id>;
- Corporate budgeting along with its amendments prepared by the notary
and approved by the competent authority;
- Legal audit by a legal consultant registered in the BAPEPAM-LK;
- Report from an independent appraiser, if needed;
- Several other documents as arranged in the prevailing provisions.
As far as I know, every security firms can help your company for go public,
e.g: Bahana Sekuritas, Danareksa, Danatama, etc. Contact their Investment
Banking to discuss about this. Biasanya sih, they will include the Equity
Sales and Research person to help the process.
For further information, you can find the detail here:
http://www.idx.co.id/Portals/0/StaticData/Information/ForCompany/How-to-go-public.pdf
Hope that helps, ya.. amd good luck for the IPO :)
Cheers,
Uthe
On Tue, Sep 18, 2012 at 9:11 PM, Anneke Sidarta <anneke.sidarta@yahoo.com>wrote:
> **
>
>
> Dear sweet milis Tarakanita members,
>
> I would like to asked to all the members about IPO requirements (what
> docs, fees, current securities company who can help us, etc) since the
> company where I work for has a plan to go on public. I really appreciated
> all your help and information. Thank you for your attention.
>
> Best regards,
> Anneke
>
> [Non-text portions of this message have been removed]
>
>
>
[Non-text portions of this message have been removed]
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