Gunanusa plans IPO in 2018
Monday, June 5 2017 - 03:59 PM WIB
By Alexander Ginting
Indonesia EPCIC contractor PT Gunanusa Utama Fabricators may seek to float its shares in 2018.
The company?s 2.6% shareholder Singapore?s Federal International (2000) Limited said in a presentation released with Singapore Exchange on Monday that the shares may be floated at the Indonesia Stock Exchange.
According to Federal, Gunanusa currently has US$305 million of work orders from various oil, gas companies.