PT Vastland Indonesia Tbk has completed an IPO in the amount of IDR 70.2 billion.

PT Vastland Indonesia Tbk is an Indonesia-based company, which is an industrial property developer, with a primary focus on the construction of built-to-suit warehouses and standard warehouses. The Company's services are built-to-suit warehouses and general warehouses. The Company built warehouses for a variety of industries, such as fast-moving consumer goods, commodities trading, third-party logistics (3PL providers, pharmaceutical distributors, electronics, and e-commerce. The Company's warehouses include Gudang Klaten, Gudang Pekanbaru, Gudang Jambi, Gudang Bengkulu, Gudang Tembesu No 7, Gudang Tembesu No 5, Gudang Tembesu No 2, Gudang Tembesu No 1, Gudang Tembesu 6 No 1, Gudang Tembesu 3 No 3, Pergudangan Tembesu No 3, Pergudangan Tembesu 3 No 6, and Pergudangan Tembesu 3 No 5. Its investment properties are located in Bandar Lampung, Palembang, Tanggerang, Klaten, Bengkulu, and Jambi dan Pekanbaru.