JAKARTA (Yosefardi) – PT Voksel Electric Tbk (VOKS) plans to issue 83.1 million new shares without pre-emptive rights scheme, for strengthening its capital structure.
The rights issue represents 10% of the company’s enlarged capital. The exercise price of rights is set for Rp1,122 per share, to raise total proceeds of Rp93.25 billion.
The company booked net profit of Rp31.75 billion in first nine months of this year, dropped 70% from Rp103.68 billion in the same period of last year.
Net sales increased to Rp1.79 trillion from previous Rp1.75 trillion. While cost of goods sold also rose to Rp1.59 trillion and the loss in foreign exchange (forex) widened to Rp64.58 billion.