JAKARTA (Yosefardi) – PT Bank Agris Tbk (AGRS) plans to issue 1.27 billion new shares, through preemptive rights scheme, representing 23.8% of its enlarged shares capital.
The exercise price is set at Rp100 per share, to raise total proceeds of Rp127 billion. Trading of rights is scheduled for December 23, 2015 to January 4, 2016.
The bank’s shareholders are PT Dian Intan Perkasa (78.48%), UOB Kay Hian Pte Ltd (10.48%), and public investors (10.77%).
AGRS booked net profit of Rp9.2 billion in first nine months of 2015 on net interest income of Rp92 billion. The bank’s assets reached Rp4.18 trillion while liability amounted Rp3.7 trillion.