Maharaksa Biru Energi Reports Full Use of IDR 575.08 Billion Rights Issue Net Proceeds in Correction
Bitget2026/10/21 11:05- Maharaksa Biru Energi issued a correction on October 21, 2026, reporting full deployment of IDR 575.08 billion in rights issue proceeds.
- The corrected filing replaces the July 15, 2026, report.
- Realized spending included IDR 340.5 billion for bio-propylene glycol trading development and a wood pellet project.
- Another IDR 69 billion funded Indoplas Karya Energi working capital for preparatory costs related to FPSA DKI Jakarta.
- The acquisition of a 100% stake in Indoplas Makmur Lestari accounted for IDR 89 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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