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Visi Media Asia to launch private placement

15 March 2019 01:30 PM  Company: PT. Visi Media Asia Tbk[VIVA]
Rp. 120  -4 (-3.23%)

JAKARTA - PT Visi Media Asia Tbk (VIVA) will ask for shareholders' approval to increase the company's capital through a private placement scheme at the Extraordinary General Meeting of Shareholders (EGM) on April 25, 2019.

"As much as 10% of VIVA's placed and paid-up capital," said VIVA Corporate Secretary Neil R. Tobing in a letter to the Financial Services Authority (OJK) on March 5.

However, President Director of PT Multistrada Arah Sarana (MASA) Pieter Tanuri, who is rumoured to be buying VIVA shares, declined to comment when asked for confirmation by on Tuesday (12/3)

On Thursday (7/3) there was a crossing of VIVA shares worth Rp 15.5 billion, with 1.10 million shares traded in the negotiaton market. The crossing occurred at the price of Rp 140 per share. (MS)

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PT. Visi Media Asia Tbk [VIVA]   Rp. 120   -4 (-3.23%)