Autoglaze partners with securities crowd funding, Bizhare, to offer public ownership of shares in the car care and salon business.

The share ownership is for the Autoglaze outlets of the Tendean and Fatmawati gas station branches in Jakarta.

Bizhare Founder and CEO Henrich Vincent said that Autoglaze's stock offering is the newest and first concept in Indonesia by combining a stock offering scheme with membership.

The offered share ownership is IDR 1.85 million for 20 shares in the two Autoglaze branches.

In addition to the 20 shares, the public also gets a free Platinum Autoglaze Member Card worth IDR 1.8 million and various Pre-Sales benefits.

Especially for Pre-Sales investors, which are open until February 28, 2023, they will get benefits such as the first and second free Treatment twice (each worth IDR 600,000).

Furthermore, one free Treatment on birthday (worth Rp. 600,000), as well as six times free special Fogging (worth Rp. 300,000 x 6 = Rp. 1.8 million) per arrival, member prices apply, there is no limit on arrivals.

When potential investors buy their bundling vouchers on the Autoglaze special website, they will get 20 shares worth IDR 1,000,000, a Platinum Autoglaze member card worth IDR 1,800,000 and a free Bizhare Admin worth IDR 50,000.

Thus, the total benefit obtained is IDR 2,850,000 by only paying IDR 1,850,000.

"This means that investors not only become owners of Autoglaze, but can also become loyal customers and take advantage of the Autoglaze platinum membership facility. This special offer is Rp. 1.85 including membership and shares," explained Henrich, in Jakarta, Wednesday (8 /2).

Autoglaze is one of the industry players in Auto Detailing and Paint Protection services in Indonesia since 2008.

Autoglaze has been successful in doing business with various brand holding agencies (APM) in the car wash sector.

"We can wash around 7,000 vehicles throughout Indonesia in one day, with nearly 1,000 employees," said Autoglaze CEO Robby Kurnia, on the same occasion.


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