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Surya Esa Perkasa seeks Rp 183.7 billion in private placement

02 December 2020 11:11

JAKARTA - PT Surya Esa Perkasa Tbk (ESSA) will hold a private placement by issuing 1,360,887,000 shares on 7 December 2020. This was announced by ESSA Corporate Secretary Lufy Setia in a stock exchange filing on Wednesday (2/11).

The company seeks to raise Rp 183.71 billion in the corporate action. "After the private placement, the company's placed and paid-up capital will increase to 15,660,887,000 shares from 14,300,000,000," Mr Setia said.

The plan was approved at an EGM on 25 November 2020. The exercise price in the corporate action is Rp 135 per share, with the results due to be announced on 9 December. (LK/MS)

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