JAKARTA – PT Adhi Kartiko Pratama Tbk (NICE) shifted 2.25% upward to IDR 364 from IDR 356 at the beginning of today’s (9/1) trading session. However, after a year debuting on the stock exchange until last Wednesday (8/1), the stock was corrected by 18.72%.

Based on the data compiled by IDNFinancials, NICE’s closing price stood at IDR 356 last Wednesday (8/1), much lower than IDR 438 per share set during its initial public offering (IPO) on January 3-5, 2024.

During IPO, NICE offered 1.21 billion shares or equal to 20% of its issued and paid-up capital post-IPO. With execution price set to IDR 438 each, total proceeds of its IPO reached IDR 532.78 billion.

As of November 2024, NICE’s listed shares were reported at 6.08 billion. Shareholder structure consists of PT Energy Battery of 60%, PT Sunag Mas Minerals of 10.43%, PT Inti Mega Ventura of 9.57%, and the public of 20%.

The ultimate beneficial owner of the shares of NICE is LX International Corp, a company located in Jongno-gu, Seoul, South Korea. (LK/ZH)