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TGS channelled out fresh funds of IDR 358.20 billion to RISE

29 October 2021 09:39

JAKARTA – PT Tancorp Global Sentosa (TGS), the ultimate shareholder of PT Jaya Sukses Makmur Sentosa Tbk (RISE), placed fresh investments of IDR 358.20 billion via private placement held today (29/10). Corporate Secretary of Jaya Sukses Makmur Sentosa, Herliani Prayogo, confirmed this news in the information disclosure, quoted Friday (29/10).

RISE offered 995 million shares of IDR 100 each for IDR 360 per unit. Thus, after concluding the said corporate action, the company now records shares in Indonesia Stock Exchange amounting to 10,945,000,000 units as of today (29/10). In September 2021, RISE’s listed shares were 9,995,000,000 units, 84.92% of which belonged to TGS, while the public claimed another 15.08%.

In June 2021, the company reported equity of IDR 1.83 trillion and assets totalling IDR 2.35 trillion. After this private placement, its equity and assets climb to IDR 1.93 trillion and IDR 2.45 trillion, respectively. Next, the proceeds of the action would be channelled to support subsidiaries’ operational activities. (LK/ZH)

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