Nusa Palapa IPO Oversubscribed 3.97 Times
PT Nusa Palapa Gemilang Tbk (NPGF) stated that its initial public offering (IPO) was oversubscribed by 3.97 times the shares offered.
Nusa Palapa Gemilang Gets Auto-Rejection on Trading Debut
Officially trading debut on the Indonesia Stock Exchange (IDX), PT Nusa Palapa Gemilang Tbk (NPGF) shares were immediately hit by auto-reject (ARA) in less than 10 minutes of trading opened.