YUPI – Around 90.7% of IPO proceeds remain undeployed as of Jun '26

YUPI – Around 90.7% of IPO proceeds remain undeployed as of Jun '26 Yupi Indo Jelly Gum (YUPI) has utilized only IDR55.3 bn, or 9.27% of its net IPO proceeds of IDR596.67 bn, as of 30 Jun '26, leaving IDR541.37 bn or 90.7% yet to be deployed. The realized proceeds were entirely allocated to working capital through investment in a subsidiary, while the remaining funds were placed in time deposits across four banks. No capital expenditure has been disbursed to date, despite the original IPO plan allocating 72.0% of proceeds, or IDR429.6 bn, for capex. Management has yet to disclose a revised timeline for the utilization of the remaining IPO proceeds. (Source: EmitenNews)