JAKARTA - Shareholders of PT Intikeramik Alamsari Industri Tbk (IKAI) approved a plan for the implementation of the private placement by releasing 1,209,618,126 series B shares. In this corporate action plan, the company targets to obtain fresh funds worth Rp 60.48 billion.
As quoted from the disclosure of company information, shares that will be issued as much as 10% of all issued and paid-up capital of the company after the implementation of the private placement. The authorized capital of the company is Rp 2.80 trillion, consisting of Series A in the amount of Rp 395.69 billion and Series B in the amount of Rp 2.40 trillion.
After the private placement, the share composition, namely, issued and paid up capital of Rp 981.84 billion. With Series A of Rp 395.69 billion and Series B ownership of PT Mahkota Properti Indon of Rp 132.35 billion, Wandervale Holding Limited at Rp 85.58 billion, the public at Rp 307.73 billion, and investors at Rp 60.48 billion.
This plan was approved at the Extraordinary General Meeting of Shareholders (EGMS) which took place last weekend. The number of shares represented at the EGMS was 9,108,446,322 shares or 75.30% of the total shares of 12,096,181,261 shares. Of the total number of shares present, as many as 59.14% or 4,116,641,420 shares represented the number of independent shares issued by the company of 6,960,385,257 shares. (LK)