JAKARTA (Yosefardi) – PT Bank MNC Internasional Tbk (BABP) plans to issue 6.74 billion new shares (rights issue), targeting to raise maximum Rp674.44 billion, to strengthen its capital structure.
The rights issue represents 28.57% of its enlarged shares capital. Trading of rights is scheduled for early October 2015.
IDX on Wednesday halted trading in shares of animal feed producer PT Malindo Feedmill Tbk (MAIN) along with the company’s plan to launch the rights issue.