JAKARTA. PT Bank Nationalnobu Tbk (NOBU) plans to raise the capital by giving out preemptive rights, also known as a rights issue, of 500 million units of shares with a par value of IDR 100 each. The proceeds would be spent on purchasing an office building and boosting working capital.
This corporate action plan would be further discussed in the Extraordinary General Shareholders Meeting on September 3, 2021. This scheme is laid out in the information disclosure in the exchange, published yesterday (28/7).
As additional details, the raised funds through this rights issue would be allocated to buy assets owned by PT Grahaputra Mandirikharisma (GPMK) in the form of the Building A of Pelita Harapan Univesrity in Tangerang, Banten, and several spaces inside Gajah Mada Tower Building, Central Jakarta. The remaining funds would be channelled to the company’s working capital.
GPMNK would also act as the standby buyer should there be any remaining new shares unclaimed by the preemptive rights holder. GPMK would deposit the capital in non-cash form or use an inbreng scheme, handing over assets worth IDR 193 billion in total. Therefore, GPMK would then obtain 160,165,976 shares at most, equivalent to 3.48% of the issued and paid-up capital post-rights issue.
Lastly, the stockholders choosing not to exercise their rights would have their portion diluted by a maximum of 10.13%. (AM/ZH)