PT Multikarya Asia Pasifik Raya Tbk provides products and services to the oil and gas industry in Indonesia and Southeast Asia. The company offers rental, repair/recertification, maintenance, machining, and general trading services. It also provides reciprocating, centrifugal, and screw pumps; mud pump part and expendables, centrifugal pump parts, butterfly valves, gate valves, and handling tools; solid control equipment; gas and diesel power generation sets; and wellhead compressors. The company was founded in 2002 and is headquartered in South Jakarta, Indonesia. PT Multikarya Asia Pasifik Raya Tbk is a subsidiary of PT International Sawo Resources.
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
Over the last 7 days, the market has dropped 1.0%, driven by a decline of 11% in the Utilities sector. In contrast, the Energy sector has actually gained 4.1%. In contrast to the last week, the market is actually up 4.4% over the past year. As for the next few years, earnings are expected to grow by 8.9% per annum. Market details ›