KONTAN.CO.ID - JAKARTA. PT Satria Antaran Prima Tbk (SAPX) has announced the cancellation of its plan for a Preemptive Rights Issue (PMHMETD) I, also known as a rights issue. The company reported this cancellation to the Financial Services Authority (OJK) on April 4, 2024. The President Director of Satria Antaran Prima, Budiyanto Darmastono, said that the cancellation of this PMHMETD I process took into account the current unfavorable global market and economic conditions. "This has resulted in the discussion process between the company and potential investors not reaching an agreement," Budiyanto disclosed in an information disclosure on Friday (5/4).
- Number of shares offered: Up to 356,770,819
- HMETD Ratio: 320 : 137
- Nominal value: Rp 100 per share
- Execution price: Rp 700 - Rp 1,121
- Emission value: Up to Rp 399.94 billion
- Listing: PT Indonesia Stock Exchange (BEI)
- EGM Date: August 21, 2023.
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