JAKARTA (Yosefardi) – PT Dharma Satya Nusantara Tbk (DSNG) plans to issue 168 million new shares or rights issue, representing 7.93% of its enlarged shares capital.
The new shares will priced at around Rp4052 per share, then DSNG will potentially raise Rp680.73 billion, used to fund its business expansion and to pay debts.
DSNG recorded a net profit of Rp521.5 billion through the third quarter of 2014, 323% higher than the Rp 123.3 billion reported in the same period last year. It booked net revenue of Rp 3.73 trillion during the first nine months of the year, for an increase of 39.2% compared to the same period last year.