JAKARTA - PT Mitra Communications Nusantara Tbk (MKNT) failed to get shareholder approval to conduct a private placement during the company's second Extraordinary General Meeting of Shareholders (EGMS) which took place yesterday (14/9). With this decision, the down payment from PT Monjess Investama (MI) of Rp. 25 billion will be returned without interest.
Jefri Junaedi, President Director of PT Mitra Communications Nusantara Tbk (MKNT) said that independent shareholders who attended represented 343,756,600 shares. "The second EGMS cannot be held," he said.
The number of participants attended the second EGMS was less than the first EGMS which took place last month (26/8).
MKNT's authorized capital is recorded at Rp 400 billion, and its issued and paid-up capital were recorded at Rp 100 billion. (LK/AR)