JAKARTA - PT Trimuda Nuansa Citra Tbk (TNCA) will conduct a rights issue by issuing 674,624,000 new shares at a nominal price of Rp 100 per share and an exercise price of Rp 344 per share. The company expects to obtain Rp 232.07 billion during the corporate action.
As quoted from the company's disclosure, in the implementation of this rights issue, holder of 5 shares will get 8 pre-emptive rights (HMTD). One pre-emptive right can be used to purchase one new share. This corporate action plan was approved by the holders of 392,219,100 shares or 93,0223% of the 421,640,000 shares issued by the company.
Previously, TNCA's management planned to issue 800 million shares at a nominal price of Rp 100 per share.
In addition, the EGMS also agreed to increase the company's authorized capital from Rp 88 billion to Rp 438.50 billion.
However, the exact schedule for the rights issue was not determined yet. (LK/AR)