JAKARTA (Yosefardi) – Property developer PT Hanson International Tbk (MYRX) has completed rights issue of 1.53 billion shares, representing 10% of its enlarged shares capital.

It raised total proceeds of Rp1.07 trillion. The new shares is priced at Rp700 per unit. MYRX targets its marketing sales, revenues, and net profit to grow by 40% this year.

The company allocates capital expenditure (capex) of Rp1.5 trillion for this year, compared to Rp1 trillion capex last year.

MYRX plans to develop Millenium City project in Serpong, consisting of housing and commecial segments.