JAKARTA – PT Bank MNC Internasional Tbk (BABP) will issue 1,969,969,969 shares worth IDR 50 each via a private placement scheduled for next week (31/1). Corporate Secretary of Bank MNC Internasional, Heru Sulistiadi, announced the plan in the information disclosure quoted Tuesday (25/1).
The execution price set in this corporate action is IDR 165 per share. Then, once calculated, the total raised funds might reach IDR 324.99 billion. “The number of shares prior to this capital raise amounted to 29,412,248,996 shares. It will increase to 31,391,945,965 shares after this capital boost,” Sulistiadi confirmed.
The bank management will disclose the end result of this private placement on February 3, 2022. For the record, BABP’s remaining unexercised stock in its portfolio amounts to 2,533,329,631 shares. This corporate action plan was finalised during the Extraordinary General Shareholders Meeting in June 2021. (LK/ZH)