JAKARTA (Yosefardi) – PT Bank Pundi Indonesia Tbk plans to issue 2 billion new shares through pre-emptive rights scheme, representing 15.68% of its enlarged shares capital.

The exercise price is set at Rp100 per share, to raise proceeds of Rp200 billion, used to support its loan expansion. Trading of rights is scheduled for October 9-20, 2014.

For first half of 2014, Bank Pundi booked profit after tax of Rp18.9 billion on net interest income of Rp435 billion.