Indah Prakasa Sentosa plans private placement to bolster financial position
Bitget2026/09/25 10:21- PT Indah Prakasa Sentosa announced a private placement without preemptive rights, disclosed on Sept. 25, 2026.
- Proceeds earmarked to strengthen finances; 79.2% for capex via a subsidiary, 16.8% for third-party debt repayment.
- Use of funds also includes 4% for working capital.
- Controlling shareholder Graha Inti Guna Persada would rise to 1,678,058,000 shares, lifting its stake to 88.32% from 65.86%.
- Public float would fall to 8.25% from 24.12%, indicating significant dilution for non-participating shareholders.
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