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ANTM still has Rp 1.34 trillion of its rights issue funds

17 January 2020 06:14

JAKARTA - PT Aneka Tambang Tbk (ANTM) still has Rp 1.34 trillion of its rights issue funds, which will be used to complete its projects, including its ferronickel plant, and as its working capital. 

As quoted from the company's disclosure, Anton Herdianto, Finance Director of PT Antam Tbk (ANTM), stated that 74.90% (Rp 4.01 trillion) of the company's rights issue funds (Rp 5.34 trillion) has been used.

At present, the remaining right issue funds are deposited at four state-owned banks, Bank Mandiri, Bank BRI, BNI and BTN with an interest rate of 6% -7.50%. (LK/AR)

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