Hotman Paris Owns Data Sinergitama Shares

Recently it was confirmed through data from the Indonesian Central Securities Depository (KSEI), that Hotman Paris Hutapea was recorded as owning 101.66 million (101,666,000) or around 5 percent of ELIT shares. Meanwhile, ELIT set the final price for its initial public offering (IPO) at IDR 120 per share. During the initial listing of ELIT shares on Friday (6/1/2023), Hotman Paris was also present and shared several moments when he attended the initial listing of ELIT on his Instagram account.

The majority of ELIT shares before the public offering were held by PT Gratus Deo Indonesia with 557,038,128 shares or the equivalent of 27.42%, PT Indonesia Muda Inovatif with 432,965,764 shares or the equivalent of 21.31%, PT Delemont Global Venture with 306,291,308 shares or the equivalent of 15.08% and PT Inotech with 124,495,612 shares or the equivalent of 6.13%. Meanwhile, public investors hold 24.61 percent or the equivalent of 500 million (500,000,000) ELIT shares.

The majority of IPO funds will be used for working capital such as financing new projects, research and development, recruitment and training of professional staff, operational costs and marketing and promotions. Around IDR 10 billion will be used to purchase servers.