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PT Paramount Enterprise International Tbk

Ticker Code

PRMT

Sector

Properties & Real Estate

Subsector

Real Estate Development & Management

Line Of Business

Real Estate Property

Company Overview

Paramount Land engages in township development, integrated mixed-use developments, real estates, and warehousing. Paramount Land`s first and significant project in township development is Gading Serpong township, an urban township situated just outside of Indonesia`s capital city Jakarta, set in a green environment with an abundance of natural lakes. It is strategically located as it is connected to the Jakarta-Merak toll road with close proximity to the country`s foremost airport Soekarno-Hatta International, as well as being easily accessible from Serang, Cilegon and the Anyer tourist spot. Its strategic location is also a result of its proximity to other modern suburban areas. With combination of expertise in urban planning, project and construction management, town management, property management, dedicated human capital and carefully selected suppliers, Paramount Land has built a good infrastructure and complete facilities such as: hospital, commercial areas, hotels, restaurants, schools, universities, public transportation, security, sport and recreation as well as green public spaces in Gading Serpong township. Gading Serpong has grown into a pleasant, modern self-contained city with efficient infrastructure and facilities for the enjoyment and development of its residents, working people and visitors. With so much to offer, Gading Serpong is now home to over 53,000 people, growing at 5% year-on-year. At present, a 1,200 ha of Gading Serpong area has been beautifully developed.

Address

Paramount Plaza Jl. Gading Serpong Boulevard Kav. 1 Gading Serpong, Tangerang, 15810

Website

https://www.paramount-land.com

Number of shares offered

3,000,000,000 shares

% of Total Shares

1

Participant Admin

SQ - BCA SEKURITAS

Underwriter(s)

SQ - BCA SEKURITAS

Closed
Shares Offered

30,000,000 Lot

Book Building

14 Apr 2025 - 17 Apr 2025

IDR 600 - IDR 780

Offering

18 Apr 2025 - 22 Apr 2025

IDR 780

Allotment (Closing)

22 Apr 2025 The deadline for ordering via e-IPO is at 16:30 WIB

Distribution

23 Apr 2025

Listing Date

24 Apr 2025

Prospectus