JAKARTA. PT Asuransi Jasa Tania Tbk (ASJT) announced its plan to issue 1 billion new shares by providing Pre-emptive Rights (HMETD) or a rights issue.
Irfan Fahrudin, Corporate Secretary of ASJT, said that each new share to be issued has a nominal value of Rp100 per share. However, the company will still ask for shareholders' approval at the Extraordinary General Meeting of Shareholders (EGMS) on February 26, 2021.
"The company will receive additional new capital which will strengthen the company's capital structure, to support business development plans and face possible business risks," explained Fahrudin in the rights issue prospectus.
According to idnfinancials.com data, currently 77.39% of ASJT's shares are owned by the Dana Pensiun Perkebunan. The total public ownership is at 22.61%. Then the remaining 0.02% is owned by two company’s directors with 0.01% each. (KR/LM)