BBR registers IPO plan to Bapepam-LK
Thursday, September 27 2012 - 12:19 PM WIB
By Demas Simbolon
Marco Polo Marine Ltd announced today that shipping firm PT Pelayaran Nasional Bina Buana Raya (BBR), its 49 percent owned subsidiary, has submitted IPO Registration to the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK).
The company first announced the listing plan on February 20, 2012.
Established and incorporated in 1998 in the Free-trade Zone of Bintan, Riau Province, BBR started its operations as a shipping agency company. It currently owns a fleet of tugboats and barges, and offshore vessels.
Editing by Dadan Wijaksana