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AISA received IDR 450.10 billion through a private placement

03 December 2020 11:20

JAKARTA - PT Tiga Pilar Sejahtera Food Tbk (AISA) received fresh funds of IDR 450.10 billion in a private placement that took place last week (27/11). In this corporate action, AISA management has issued 2,143,347,620 shares with an exercise price of IDR 210 per share.

In an information disclosure published on Thursday (3/12), the investors who bought the shares were PT Pangan Sejahtera Investama (PSI) with 1,343,347,620 shares and PT Asta Askara Sentosa (AAS) with 800 million shares. With the completion of this corporate action, AISA's issued and paid-up capital increased from 7,168,452,380 shares to 9,311,800,000 shares.

The proceeds from this corporate action will be used to improve financial conditions, in particular to pay a part of the company's obligations to third parties. (LK/VA)

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