Hero Global Investment Reports IDR 253.33 Billion in Unused IPO Funds in Corrected Filing
Bitget2026/10/30 08:05- 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.
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