AWR Lloyd acted as Company Advisor to an energy group on the IPO of its Indonesian coal business on the Indonesian Stock Exchange. AWR Lloyd provided a detailed valuation analysis, a financial plan to determine funding requirements and offer size, a report outlining the rationale for the IPO for internal approval and as the basis for investor communication and an investor relations strategy. AWR Lloyd supported the client in arranging beauty contests for the investment banks and other advisors and provided a scoring mechanism. AWR Lloyd provided comments and second opinions on final offer pricing and advised on key aspects of Indonesian regulatory risk. AWR Lloyd provided an investor roadshow presentation and comments on the IPO prospectus – and monitored the progress of the whole transaction for the client. The IPO raised US$340 million and resulted in an initial market capitalization of US$2.4