Decker acts as global distribution agent for the rights offering of Bank Neo Commerce (BBYB IJ) and the initial public offering of PT Dharma Polimetal (DRMA IJ)


SAN FRANCISCO, CA, December 21, 2021 / 24-7PressRelease / – Institutional stock broker Decker & Co. led equity placements with global investment funds in two transactions in Indonesia this month. Digital bank leader Bank Neo Commerce (BBYB IJ) rose 37% on the first day of listing following its December rights offer. In addition, the auto parts company PT Dharma Polimetal (DRMA IJ) has completed its initial public offering.

“Decker was delighted to assist our partner Sucor Securities by bringing global funds to these two transactions,” said Mark Decker, Founder and CEO of Decker & Co. “These companies come from completely different industries, but both have the kind of growth and quality characteristics that grab the attention of emerging market global portfolio managers.

Bank Neo Commerce is Indonesia’s fastest growing digital bank. Its NEO + app is currently the # 1 downloaded app among digital banks nationwide and by far leads all of its peers in terms of the number of qualified users who know its customer.

PT Dharma Polimetal (DP), the most profitable company of its peer group, is using most of the proceeds from its initial public offering to support the expansion of its business, including a new factory to manufacture parts for Toyota.

ABOUT DECKER & CO
Decker & Co. is the only US-based specialty brokerage firm covering all of Asia. Based in San Francisco, California and with offices in New York and Asia, Decker & Co. offers institutional investors unparalleled access to the best local research and listed companies. Since the 1990s, its directors have been among the foremost experts in the Asian markets. Learn more about http://deckerco.com/.

PORT SR
The information contained in this press release may be based on management’s forecasts and reflects conditions in effect and our opinions as of that date, all of which are therefore subject to change. Past performance is no guarantee of future performance.


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