00:00 In addition, PT Multi Spunindo Jaya TBK will step up to expand the initial public offering.
00:07 With MSJA stock, the company plans to build a factory for SAP sheet with an investment value of around USD 6-7 million.
00:16 With the addition of the new machine, the production capacity will increase by around 20%.
00:25 PT Multi Spunindo Jaya TBK officially lands in the Indonesian stock market through the IPO on January 10, 2024.
00:32 The company with the MSJA emittance code is the fourth emittance in 2024.
00:37 After the IPO, MSJA will build a factory for SAP sheet with an investment value of around USD 6-7 million.
00:45 For your information, the current production capacity of Persewan has been installed at 54,000 tons.
00:51 Then with the addition of the new machine, the production capacity will increase by around 20%.
00:57 There is also for the construction of the new factory located in Sidoarjo, East Java.
01:01 And the construction will start in the second semester of 2024.
01:04 Later, the factory will be built on a land of 14,000 square meters with a capacity of around 20 tons.
01:12 The investment money that will be used is partly from the IPO value of 26.47 billion rupiah.
01:19 In addition, the party aims for an income growth of up to 15% this year.
01:24 With a production capacity in a new factory of 20,000 tons, the distributor will target the domestic and export markets.
01:33 Export will target from Asia including Japan, China, Australia, New Zealand, America and Europe.
01:41 For the largest export location, it is still led by Japan.
01:45 For IDX Channel.
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