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    <title>Price and price band</title>
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    <description>Regulation 189 permits an issuer to state a price or price band and finalize price before filing the prospectus; the filed prospectus must show a single price or coupon rate. The upper price band cannot exceed one hundred and twenty per cent of the floor, and the floor or final price must not be below the IDR face value. The issuer must announce the floor price or price band at least two working days before the issue opens, include financial ratios for both band ends, refer investors to the basis of issue price, and publish these disclosures on stock exchange websites with pre-filled application forms.</description>
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    <pubDate>Fri, 21 Dec 2018 14:14:55 +0530</pubDate>
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