{
    "success": true,
    "data": {
        "id": 1183296,
        "msgid": "sales-of-telkom-shares-1447893297",
        "date": "1995-11-30 00:00:00",
        "title": "Sales of Telkom shares",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Sales of Telkom shares JAKARTA (JP): PT Telkom's global underwriters -- Goldman Sachs, Lehman Brothers and Merrill Lynch -- announced yesterday that they will exercise the Green Shoe option which allows them to buy more shares of the state-owned telecommunication firm.",
        "content": "<p>Sales of Telkom shares<\/p>\n<p>JAKARTA (JP): PT Telkom's global underwriters -- Goldman<br>\nSachs, Lehman Brothers and Merrill Lynch -- announced yesterday<br>\nthat they will exercise the Green Shoe option which allows them<br>\nto buy more shares of the state-owned telecommunication firm.<\/p>\n<p>The option allows the underwriters to buy an additional five<br>\nmillion American Depository Shares or 100 million ordinary shares<br>\nowned by the Indonesian government in Telkom, which recently<br>\nlisted its shares in New York, London, Jakarta and Surabaya in<br>\nEast Java.<\/p>\n<p>Telkom said recently that 30 million American Depository<br>\nShares or 600 million shares were sold internationally earlier<br>\nthis month. Therefore, the Green Shoe option will bring the<br>\nnumber of Telkom shares floated abroad to 700 million or 7.5<br>\npercent of the company's total shares.<\/p>\n<p>The additional sales of shares to global underwriters will<br>\nbring the total value of Telkom's share offering to US$1.68<br>\nbillion (representing 20 percent of the company's enlarged<br>\ncapital). (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sales-of-telkom-shares-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}