ATIC - PT. Anabatic Technologies Tbk

Rp 362

+6 (+1,66%)

JAKARTA. PT Anabatic Technologies Tbk (ATIC) wants to become the controlling shareholder in PT Computrade Technology International (CTI), and it will realize it during CTI's private placement. 

To launch the corporate action, ATIC has requested approval from its shareholders on Thursday (12/12) yesterday. The number of shares to be issued by CTI is 148.75 million shares, or around 7.93% of the total issued and paid-up share capital.

Harry Surjanto Hambali, President Director of ATIC, said that his party would own nearly all of CTI shares after the private placement. "ATIC's ownership in Computrade Technology will increase to 99.9997% of Computrade Technology's issued and paid-up share capital," Hambali was quoted as saying by Kontan on Thursday.

Nevertheless, Hambali cannot yet confirm when the private placement will be completed. For information, the acquisition of CTI shares is done by ATIC to strengthen its information technology infrastructure solutions business. (KR/AR)