JAKARTA - PT Bank Maya Internasional Tbk (MAYA) plans a rights issue by issuing 5 billion Series B shares, 42.26% of its paid-up capital.
As quoted from the brief prospectus published yesterday (26/11), first, the company will ask for approval from its shareholders during its Extraordinary General Meeting of Shareholders (EGMS) and also for an effective statement from the Financial Services Authority (OJK). If the plan is approved, the rights issue will be conducted no later than a year after the EGMS. The proceeds from this corporate action will be used to increase the company's capital.
MAYA's management hopes that the funds from the rights issue will improve the company's performance and competitiveness. (LK/AR)