JAKARTA (Yosefardi) – PT Surya Toto Indonesia Tbk (TOTO) booked plans to issue 41.28 million new shares, through pre-emptive rights scheme, representing 4% of its enlarged shares capital.
The exercise price is set at Rp3600 per share, then the company would raise maximum of Rp148.61 billion proceeds.
Current shareholders are TOTO Ltd (39.48%), PT Multifortuna Asindo (31.38%), PT Suryaparamitra Abadi (25.34%), and public investors (3.8%).
Trading of rights is scheduled for June 24, 2015 to July 1, 2015.