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24th April, 2013

Nusa Raya Cipta Ready to Go Public

sahid sudirman center

The subsidiary PT Surya Semesta Internusa Tbk (SSIA) engaged in general contracting services namely PT Nusa Raya Cipta (NRC) this year preparing to go public with the release of stocks of 20 to 30% of the share capital of the NRC. SSIA in a press release Monday, stated NRC plans to release the new shares to strategic investors and to the public through public offering process (go public).

Currently, NRC is in the process of preparation to go public is planned will use the book as of December 31, 2012. NRC won new contracts amounting to Rp 700 billion in early 2013, while in 2012 over 12 months NRC has awarded a new contract around Rp 2.5 trillion. For the year 2012, NRC expects to post revenue of Rp 2 trillion or an increase of approximately 26% compared to their business income in 2011.

While the contract on hand at December 31, 2012 is estimated there are still about Rp 2 trillion. Large-scale projects of which have been completed NRC in 2012, among others Cosmetic Pharmaceutical Factory in Klaten (Central Java), Alam Sutera Office Tower Serpong (Tangerang), Ciputra World I Jakarta (JO. JakonTataNRC), Thamrin Executive Residences Jakarta Blue Green Office Building in Jakarta, Hotel Tentrem Jogyakarta, Factory Sari Roti Cibitung, Mall @ Alam Sutera Serpong, Royal Mediterranean Residences Jakarta, Thamrin Executive Residences.

source : http://www.investor.co.id/home/nusa-raya-cipta-siap-go-public/53892