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Two foreign investors lost some ownership by abstaining from the Bank Mayapada (MAYA) rights issue

24 Jan 2024 19:47

PT Bank Mayapada Internasional Tbk (MAYA) holds a right offering from January 15 to January 19, 2024, with a projected fundraise of 4 trillion Rupiah. Two MAYA foreign investors decided not to participate in this corporate action, so their ownership decreased on Thursday, January 18. The stakes of JPMCB NA RE-Cathay Life Insurance Co., Ltd., based in Taiwan, dropped from 18.85% to 12.46%. This was followed by Galasco Investment Limited, whose shares fell from 12.44% to 8.22%.

Two foreign investors lost some ownership by abstaining from the Bank Mayapada (MAYA) rights issue