PT Hillcon Tbk has completed an IPO in the amount of IDR 552.875 billion.

PT Hillcon Tbk is an Indonesia-based holding company. The Company is engaged in management consulting activities as well as mining services and construction services through its subsidiaries. It has completed various projects, both large and small, with aspects of work safety, health, operating safety and the environment. The Company is also engaged in operating in the mining, property, and heavy equipment business. It specializes in mineral and coal mining works with an open land method. Its segments include mining services, construction services, and others. The Company’s subsidiaries include PT Hillconjaya Sakti (Contractor), PT Hillcon Mining Indonesia (Mining), PT Hillcon Jaya Land (Property), and PT Hillcon Industrial Assets. PT Hillconjaya Sakti is focused on mining services, construction services and leasing, and industrial machinery and equipment leasing. PT Hillcon Industrial Assets is engaged in the wholesale of office and industrial machinery, spare parts, and equipment.