September 19, 2014 4:20 PM ET

Real Estate Management and Development

Company Overview of PT Pembangunan Deltamas

Company Overview

PT Pembangunan Deltamas operates industrial parks. The company also manages residential, industrial, business, and public areas. The company is based in Indonesia. PT Pembangunan Deltamas operates as a subsidiary of Sinarmas Land Limited.

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Indonesia

Key Executives for PT Pembangunan Deltamas

PT Pembangunan Deltamas does not have any Key Executives recorded.

PT Pembangunan Deltamas Key Developments

Pembangunan Delta Reportedly Mulls IPO

PT Pembangunan Delta Mas is seeking initial public offering in order to raise between $250 million in the third quarter of 2013, three sources with direct knowledge of the matter said. "Demand for property from Indonesian middle-class citizens are huge and the company needs huge capital to funds its business plan," said one of the sources. Deltamas has appointed Macquarie Securities and Sinarmas Securities as the underwriters for the IPO while Citigroup and Nomura has been appointed as the International selling agent for the deal, the sources said.

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