Surya Pertiwi IPO - TOTO Vs TOTO, Is There a Need for Two Entities?
Surya Pertiwi PT (1583120D IJ) plans to raise up to US$120m in its IPO through a mix of selling primary and secondary shares. The company derives...
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Surya Pertiwi (SPTO IJ)
Surya Pertiwi (SPTO IJ)
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Analysis
Consumer Discretionary • Indonesia
PT Surya Pertiwi Tbk is an Indonesia-based distributor of building materials, specializing in bathroom and kitchen products, including sanitary wares, fittings, and kitchen appliances. The company operates through segments such as Sanitary, Fitting, Kitchen, and Others, offering products under various brands including TOTO, Villeroy & Boch, and Franke. It was founded in 1968 and is headquartered in Jakarta Barat, Indonesia.
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