PT Bhakti Agung Propertindo Tbk. will initiate its Initial Public Offering by appointing MNC Sekuritas as the Joint Lead Underwriters in August 2019. From the total acquired fund, 20% will be allocated for bank debt payment and 80% for working capital. Currently, Bhakti Agung is developing Green Cleosa Apartment and Condotel project in Ciledug, Tangerang City, which comprises two towers, the first tower named Berosa Tower and STIKES. - Kompas.com