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Terang Dunia Internusa Tbk PT

Terang Dunia Internusa Tbk PT (Ticker: Pending) is an Indonesian Athletic Equipment company specializing in bicycle manufacturing under the brand UNITED Bike. Terang Dunia Internusa will list on January 30, 2024, in Indonesia. The firm is selling 1.67 billion shares, all primary shares, at an expected price range of USD 0.01 - 0.02 per share. The total offer size is IDR 400 billion (approximately USD 25.72 million). The offering is managed by BRI Danareksa Sekuritas PT and Mirae Asset Sekuritas Indonesia PT. Pricing of the IPO is expected on January 22, 2024, following the IPO launch on January 11, 2024.

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