JAKARTA: PT Danareksa Sekuritas will handle the underwriting of about four to six companies with a total value of IDR4 trillion - IDR6 trillion in the second half of 2012.
Danareksa Sekuritas Director Marciano Herman said it is still processing about two to three bonds worth IDR1 trillion - IDR2 trillion and preparing two to three initial public offering (IPO) valued at IDR3 trillion - IDR4 trillion.
He said the companies to hold IPO are engaged in consumer goods and energy sectors. As for the company issuing bond are engaged in financial services sector.
He said that the fundraising through capital markets, primarily in bonds, is really intense this year. By the end of this year, Marciano estimated the bonds value may rise to IDR50 trillion - IDR56 trillion from around IDR30 trillion last year.
Although many companies issued bonds, he still expressed his optimism that market ability to absorb is still high.
Marciano said this year the company is focusing in developing the business quality to face competition in Asean Linkage in 2015. (T07/msw)
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