JAKARTA (Yosefardi) – PT Tunas Baru Lampung Tbk (TBLA) plans to issue 400 million new shares, representing 8.09% of its enlarged shares capital, through private placement scheme, priced at Rp715 per share, to raise total proceeds of Rp286 billion.
After the rights issue, public investors will hold 45.62% TBLA shares, PT Sungai
Budi to hold 27.8%, and PT Budi Delta Swakarsa to own 26.49%.
TBLA booked net profit of Rp213 billion in the first half of 2014 on revenues of Rp2.73 trillion. Net profit and revenues jumped 74.8% and 62.7% compared to the same period of 2013. Its assets totaled Rp6.38 trillion while liability amounted Rp4.37 trillion.