Jakarta - PT GTS Internasional Tbk (GTSI) is officially listed on the Indonesia Stock Exchange by offering a maximum of 2.4 billion shares or 15.7% shares of the issued and fully paid capital after the IPO.

The price is set at Rp100. Thus the fresh funds obtained can reach Rp240 billion. However, in its trading debut, GTSI shares fell 7% to Rp93 per share.

GTSI President Director Kemal Imam Santoso said that apart from obtaining funding from the Indonesian capital market, GTSI's entry into the capital market increased transparency and professionalism in corporate governance to become a public company.

"We are able to provide energy through the LNG supply chain and be more accountable in achieving future performance," he said in his statement on Wednesday (8/9).

According to Imam, his party will build a permanent Floating Storage Regasification Unit (FSRU) to serve electricity needs in the North Sulawesi area. The 15-year contract