16 May IPO TGRA PT Terregra Asia Energy Tbk (“TGRA”) officially listed its shares on the Indonesia Stock Exchange on May 16, 2017. The Company issued around 550 million of new shares and gather around IDR110 billion of fresh fund to support the Company’s expansion strategy. The IPO price was offered at IDR 200,- per share and already rose 60 points or 30 percent at the opening of its debut. The price was then closed at 140 point north, or 70% up to IDR340,- per share. Knowing the hidden potential of the company, combined with the positive sector outlook, SF Capital’s investment committee decided put some of its investment capital in this firm. Aligned with the company’s investment philosophy, in 2018, SF Capital has monetized its investment in TGRA and record the transaction as one of our most profitable deal of the year. SF Capital act as the Financial Advisor for both Pre-IPO and the IPO transaction.