Issuer

PT. Lippo Karawaci Tbk

Issuer Code

LPKR

Number of shares offered

948,816,047 shares

Ratio (previous shares: new shares)

 24: 1

Nominal value

Rp 100 per share

Exercise price

Rp. 635

Dilution (if shareholders do not exercise their rights)

4%

Plan of proceeds usage  

  • Approx. 72.5% to maintain the Company's indirect ownership in PT Lippo Cikarang Tbk ("LPCK"), through PT. Kemuning Satiatama ("KS"),
  • Around 54.4% is for the plan of capital increase with HMETD (pre-emprive rights) I LPCK  
  • A maximum of 17.5% to increase the Company's equity in LPCK, in the plan of LPO I LPCK   
  • The remaining 10% will be used for business development and / or working capital of the Company and / or Subsidiaries

Standby Buyer

PT. Ciptadana Capital (Affiliated)

Extraordinary General Meeting of Shareholders (EGM)

December 15, 2017

Effective Date

March 6, 2018

Cum Date in Regular and Negotiation Market

March 13, 2018

Ex Date in Regular and Negotiation Market

March 14, 2018

Cum Date in Cash Market

March 16, 2018

Ex Date in Cash Market

March 19, 2018

Recording Date

March 16, 2018

Distribution Date

March 19, 2018

Recording Date in Exchange

March 20, 2018

Pre-emptive Rights (HMETD) Trading Period

March 20-23, and March 26, 2018

Implementation Period of Pre-emptive Rights

March 20-23, and March 26, 2018

Share Distribution Period of Rights

March 23, and March 26-28, 2018

Last Payment Date Additional Stock Orders

 March 28, 2018

Allotment Date

March 29, 2018

Refund of Additional Stock Purchases Orders

April 3, 2018

LPKR - PT. Lippo Karawaci Tbk

Rp 65

+2 (+3,00%)