JAKARTA (Yosefardi) – PT Inti Bangun Sejahtera Tbk plans to issue 207.83 million new shares through pre-emptive rights scheme, representing 15.38% of its enlarged capital. 

The exercise price was set at Rp3,175 per unit, to raise total proceeds of Rp660.07 billion. Trading of rights is scheduled for May 16-13, 2014.

Currently the company operates 2104 telecommunication towers and is building 90 new towers.

The company booked comprehensive net profit of Rp761 billion in first ten months of 2013, grew by 43% from Rp532.8 billion in the same period of 2012.

Revenue increased 8.8% to Rp371 billion from previous Rp341 billion. It booked other income of Rp535.6 billion.

The company’s assets totaled Rp2.82 trillion while liability amounted Rp758 billion.