Paperocks Indonesia corrects IPO proceeds report, posts IDR 8.5 billion remaining fund

Bitget2026/10/05 05:27

Paperocks Indonesia issued a correction to its IPO proceeds use-of-funds report, revising figures through June 30, 2026. Gross IPO proceeds IDR 38.5 billion; offering costs IDR 3.72 billion; net proceeds IDR 34.78 billion. Company reported IDR 26.28 billion of net proceeds used for working capital; remaining funds IDR 8.5 billion. Remaining IDR 8.5 billion placed in one-year Maybank Indonesia deposits at a 3.25% rate. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Paperocks Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32162964) on October 05, 2026, and is solely responsible for the information contained therein.

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Paperocks Indonesia issued a correction to its IPO proceeds use-of-funds report, revising figures through June 30, 2026.
Gross IPO proceeds IDR 38.5 billion; offering costs IDR 3.72 billion; net proceeds IDR 34.78 billion.
Company reported IDR 26.28 billion of net proceeds used for working capital; remaining funds IDR 8.5 billion.
Remaining IDR 8.5 billion placed in one-year Maybank Indonesia deposits at a 3.25% rate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Paperocks Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32162964) on October 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 16:03