{
    "success": true,
    "data": {
        "id": 1043655,
        "msgid": "sempati-air-to-go-public-1447893297",
        "date": "1996-02-19 00:00:00",
        "title": "Sempati Air to go public",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Sempati Air to go public JAKARTA (JP): The Humpuss Group plans a public offering of its airline company, PT Sempati Air, this year, Antara reported on Saturday. Humpuss' president, Hutomo Mandala Putra, said that the group had prepared two companies -- Sempati and Humpuss Sea Transport -- to go public this year and expects to raise approximately Rp 500 billion (US$215.9 million) from the flotation. \"But we later found out that only Sempati is ready,\" he said.",
        "content": "<p>Sempati Air to go public<\/p>\n<p>JAKARTA (JP): The Humpuss Group plans a public offering of its<br>\nairline company, PT Sempati Air, this year, Antara reported on<br>\nSaturday.<\/p>\n<p>Humpuss&apos; president, Hutomo Mandala Putra, said that the group<br>\nhad prepared two companies -- Sempati and Humpuss Sea Transport<br>\n-- to go public this year and expects to raise approximately Rp<br>\n500 billion (US$215.9 million) from the flotation.<\/p>\n<p>&quot;But we later found out that only Sempati is ready,&quot; he said.<\/p>\n<p>A large portion of the funds to be raised from Sempati&apos;s<br>\npublic offering will be used to buy additional aircraft and the<br>\nremainder for debt repayment.<\/p>\n<p>He added that the company has appointed a local securities<br>\ncompany as lead underwriter of the offering.<\/p>\n<p>Sempati Air is now 25 percent owned by Humpuss, 35 percent by<br>\ntimber tycoon Mohammad (Bob) Hasan and 40 percent by PT Tri Usaha<br>\nBakhti, an Army foundation. (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/sempati-air-to-go-public-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}