- VIVAnews/Tri Saputro
VIVAnews - PT Visi Media Asia held IPO this morning at a price of Rp300 per share. During the market opening, the shares gained Rp10o, a 33 percent rise to Rp400 per share.
Even earlier, the share price hit its highest level at 50 percent to Rp450.
The composite stock price index at the Indonesia Stock Exchange (IDX) opened lower to 3,713, a correction of 31.04 points (0.83 percent).
"Visi Media Asia has been the 20th issuer in the IDX this year," said IDX President Director, Ito Warsito, said on Monday.
As reported, the stock authorities gave consent to the listing of Visi Media Asia by 15.4 billion shares.
VIVA is an integrated corporation focusing on content service provision through as varied platforms as free to air TV station and internet news portal.