Thai tech firm and Indonesian auto parts manufacturer
SAN FRANCISCO, CA, February 23, 2023 /24-7PressRelease/ — Institutional equities broker Decker & Co. completed two share placements with global investment funds this month, for Selamat Sempurna (SMSM IJ) and Jay Mart (JMART TB).
On February 7, Decker completed an overnight placement in Selamat Sempurna, an Indonesian automotive parts firm and largest manufacturer of auto filters in the region. The transaction added three global funds to the firm’s investor base. “SMSM has been a darling of the market for many years, having increased sales consistently since the 1990s,” said Mark Decker, founder and CEO of Decker & Co. “We were honored to help facilitate the addition of new shareholders.”
On February 16, Decker completed an overnight placement in Jay Mart of approximately 25 million USD. The transaction added two global investment funds to the firm’s shareholder base. “Jaymart is one of the best-run tech companies in Southeast Asia, and it was an honor to be part of the transaction,” said Decker.
ABOUT DECKER & CO
Decker & Co. is the only U.S.-based specialist brokerage covering all of Asia, providing institutional investors with unparalleled access to the best local research and listed corporates. Its principals have been among the leading experts in Asian markets since the 1990s. Learn more at https://www.deckerco.com.
The information in this release may be based on management forecasts and reflects prevailing conditions and our views as of this date, all of which are accordingly subject to change. Past performance is not an indication of future performance.
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