Hero Global Investment Reports IDR 253.33 Billion in Unused IPO Funds in Corrected Filing

Bitget2026/10/30 08:05

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Hero Global Investment issued a correction on Oct. 30, 2026, to its July 15 IPO proceeds usage report.
Realized spending totaled IDR 894.8 million, or 0.35% of net proceeds, entirely for working capital.
Remaining proceeds of IDR 253.33 billion were held in a Bank Mandiri account yielding 1%.
Planned subsidiary capital contributions totaled IDR 249.8 billion; neither subsidiary had received funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Hero Global Investment Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32170516) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hero Global Investment Reports IDR 253.33 Billion in Unused IPO Funds in Corrected Filing

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