IPO PT Wijaya Karya Beton Tbk. (WTON)

On the offering price range Rp 470-630/share, which implies:
• Average JLU PER14F of 14.0x – 18.8x
• Average JLU PER15F of 10.8x – 14.5x

TERM SHEET OF PT Wijaya Karya Beton TBK – IPO OF A MAXIMUM OF 2,045,466,600 SHARES ON THE INDONESIA STOCK EXCHANGE (“IDX”)

Issuer: PT Wijaya Karya Beton Tbk

Offering Type: Initial Public Offering / Primary Offering

Offering Structure: Up to 2,045,466,600 new shares; representing up to 23.47% of enlarged capital

Listing: Indonesia Stock Exchange

Type of Offering: Domestic Offering

No. of shares outstanding: 8,715,466,600 shares immediately after the offering

Price Range: IDR 470 – IDR 630 per share

IPO Proceeds: a maximum of USD 83mn – USD 111mn

Market cap post IPO: a maximum of USD 353mn – USD 473mn

Use of Proceeds: 85% for business expansion and 15% for working capital

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