JAKARTA (Yosefardi) – PT Bank Agris Tbk (AGRS) plans to launch the rights issue, targeting to raise Rp128 billion proceeds. Trading of rights is scheduled for December 22-30, 2015.

Current shareholders of the company are PT Dian Intan Perkasa (78.48%), UOB Kay Hian Pte Ltd (10.48%), and public investors (10.77%).

As at June 2015, AGRS’ assets reached Rp4.04 trillion, of which credits amounted Rp2.79 trillion. The bank’s liability totaled Rp3.56 trillion, of which third party fund accounted for Rp3.43 trillion. It booked profit of Rp7.9 billion in the first half of this year on net interest income of Rp60.09 billion.