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Local investors supporting ARII

26 September 2022 08:04

JAKARTA – PT Atlas Resources Tbk (ARII) collects IDR 75 billion from two local investors who took part in the issuance of 300 million shares in a capital raise without pre-emptive rights, or private placement.

Andre Abdi, President Director of Atlas Resources, confirmed that Indonesia Stock Exchange had listed all issued shares last week (22/9). “The shareholders agree to the issuance of 300 million shares, or equivalent to 9.56% of the issued and paid-up capital of the company, of IDR 250 per share,” he futher announced in the information disclosure quoted Monday (26/9).

These investors in question are PT Sumber Daya Kumala (SDK) and PT Infra Alpha Energi (IAE). SDK is engaged in the management consultancy and major trading industry. It purchased 145 million shares, leaving another 155 million units to IAE, a service and trading company.

ARII’s shares after this corporate action clock up to 3,431,000,000 shares now from the initial 3,131,000,000 units. (LK/ZH)

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