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JAKARTA, Jan 28, 2016 - (ACN Newswire) - PT HM Sampoerna Tbk (IDX:HMSP), the largest tobacco company in Southeast Asia's biggest economy, has received a 2015 FinanceAsia Achievement Award in the "Best Indonesia Deal" category following its successful Rights Issue conducted in October 2015. President Director of Sampoerna, Paul Janelle, received the award in Hong Kong on Wednesday evening.
 | | Paul Janelle, President Director of PT HM Sampoerna, center, receiving the 2015 FinanceAsia Achievement Award for "Best Indonesia Deal" in HK on Wednesday night |
This Rights Issue was the largest-ever secondary placement in Southeast Asia and the largest equity offering in Indonesia since 2008. It attracted both domestic and foreign investment, with the capital from foreign investors translating into other currency inflows into the country, demonstrating confidence in the Indonesian economy and its stock market. As a result, Sampoerna's market capitalization of Rp 483,883 trillion (USD 32,101 billion) as of January 27, 2016, is now the largest market capitalization of any firm in Indonesia.
In its written remarks, FinanceAsia praised Sampoerna's success in carrying out the Rp 20,768 trillion (USD 1,500 billion) Rights Issue despite weak Indonesian economic conditions in 2015. "Sampoerna nonetheless managed to attract more than USD 700 million of international fund money."
Mr. Janelle expressed his appreciation for the award presented by FinanceAsia, an institution with an international reputation for its reporting on the Asian capital and financial markets for the past 20 years.
"Sampoerna was founded in Surabaya in 1913 and we have grown our business both through the dedication of our tens of thousands of talented Sampoerna employees and our close partnership with the millions of Indonesian retailers, tobacco farmers and clove growers. We are proud to be part of the fabric of Indonesia and this FinanceAsia award inspires us to work even harder for all of our adult-smokers, business partners and shareholders," said Mr. Janelle.
With payments of approximately Rp 67 trillion in 2015, Sampoerna is the largest taxpayer in Indonesia.
In December 2015, Sampoerna celebrated the full inclusion of HMSP shares on the Indonesian Stock Exchange (IDX) Index Listing. Sampoerna's shares have also been included in the Morgan Stanley Composite Index (MSCI) since 2015.
Contact:
PT HM Sampoerna Tbk
Elvira Lianita
Head of Regulatory Affairs,
International Trade & Communications
Tel +62 21 515 1234
Fax +62 21 515 2234
Email elvira.lianita@sampoerna.com
Topic: Awards
Source: PT HM Sampoerna Tbk
Sectors: Daily Finance, Food & Beverage, Funds & Equities
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From the Asia Corporate News Network
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