{
    "success": true,
    "data": {
        "id": 1055551,
        "msgid": "danamons-issues-shares-1447893297",
        "date": "1996-05-01 00:00:00",
        "title": "Danamon's issues shares",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Danamon's issues shares JAKARTA (JP): Publicly-listed Bank Danamon has got its shareholders's approval to issue 560 new shares in a limited offering to raise Rp 840 billion (US$358 million). The existing shareholders will be allowed to buy one new share at Rp 1,500 for each old share, the bank said in a statement yesterday.",
        "content": "<p>Danamon&apos;s issues shares<\/p>\n<p>JAKARTA (JP): Publicly-listed Bank Danamon has got its<br>\nshareholders&apos;s approval to issue 560 new shares in a limited<br>\noffering to raise Rp 840 billion (US$358 million).<\/p>\n<p>The existing shareholders will be allowed to buy one new share<br>\nat Rp 1,500 for each old share, the bank said in a statement<br>\nyesterday.<\/p>\n<p>The statement said that 80 percent of the proceeds will be<br>\nused to finance the bank&apos;s medium and long term loans, 10 percent<br>\nto establish new branch offices, and the remaining 10 percent to<br>\nset up more ATM facilities.<\/p>\n<p>The statement also said that the bank&apos;s net profits increased<br>\nby 37 percent to Rp 133 billion last year.<\/p>\n<p>Bank Danamon&apos;s total assets rose 34 percent from Rp 10.5<br>\ntrillion in 1994 to Rp 14 trillion.<\/p>\n<p>Danamon&apos;s credits, according to the statement, increased by 41<br>\npercent to Rp 10.5 trillion, while the funds raised from the<br>\npublic came to Rp 10.8 trillion. (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danamons-issues-shares-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}