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Hero Global Investment Reports IDR 253.33 Billion in Unused IPO Funds in Corrected Filing
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Hero Global Investment Reports IDR 253.33 Billion in Unused IPO Funds in Corrected Filing
  • 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.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Hero Global Investment Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32170516) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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