JAKARTA. This year, some banks are planning to raise funds through issuing shares without preemptive rights. The funds will be used to increase the capitals and liquidity to channel credits. For an example, PT Bank Ina Perdana Tbk (BINA) is targeting to obtain effective permission from Financial Service Authority (FSA or OJK) on 13 January. The bank’s rights issue ratio will be 1,000:1,075. In other words, a shareholder who holds 1,000 BINA’s shares is eligible to buy 1,075 rights issue shares. BINA is targeting to obtain as much as Rp 703.05 billion funds from the second rights issue by issuing at maximum 2.93 billion new shares at the price of Rp 240 per a share. “Hopefully, the funds will be obtained on 15 February,” said President Director of Bank Ina Perdana Edy Kuntardjo, Wednesday (11/1).
Banks looking for capital injections
JAKARTA. This year, some banks are planning to raise funds through issuing shares without preemptive rights. The funds will be used to increase the capitals and liquidity to channel credits. For an example, PT Bank Ina Perdana Tbk (BINA) is targeting to obtain effective permission from Financial Service Authority (FSA or OJK) on 13 January. The bank’s rights issue ratio will be 1,000:1,075. In other words, a shareholder who holds 1,000 BINA’s shares is eligible to buy 1,075 rights issue shares. BINA is targeting to obtain as much as Rp 703.05 billion funds from the second rights issue by issuing at maximum 2.93 billion new shares at the price of Rp 240 per a share. “Hopefully, the funds will be obtained on 15 February,” said President Director of Bank Ina Perdana Edy Kuntardjo, Wednesday (11/1).