{
    "success": true,
    "data": {
        "id": 1326100,
        "msgid": "multiartha-plans-rights-issue-1447893297",
        "date": "2003-06-21 00:00:00",
        "title": "Multiartha plans rights issue",
        "author": null,
        "source": "AGENCIES",
        "tags": null,
        "topic": null,
        "summary": "Multiartha plans rights issue JAKARTA:Indonesia's PT Sinar Mas Multiartha said Friday it plans a 15-for-1 rights issue to raise Rp 213.71 billion (about US$26 million). Sinar Mas Multiartha, a diversified holding company partly owned by Sinar Mas Group, will offer 15 rights shares at Rp 100 each for every share held by shareholders registered as of July 9.",
        "content": "<p>Multiartha plans rights issue<\/p>\n<p>JAKARTA:Indonesia's PT Sinar Mas Multiartha said Friday it<br>\nplans a 15-for-1 rights issue to raise Rp 213.71 billion (about<br>\nUS$26 million).<\/p>\n<p>Sinar Mas Multiartha, a diversified holding company partly<br>\nowned by Sinar Mas Group, will offer 15 rights shares at Rp 100<br>\neach for every share held by shareholders registered as of<br>\nJuly 9.<\/p>\n<p>The company will use 28 percent of the proceeds to increase<br>\nworking capital of its securities unit PT Sinarmas Sekuritas, 33<br>\npercent to repay the debt of its finance unit PT Sinar Mas Multi<br>\nFinance, and 39 percent to strengthen working capital, it said in<br>\na statement.<\/p>\n<p>The new shares will be listed on the Jakarta Stock Exchange<br>\nand Surabaya Stock Exchange July 17.<\/p>\n<p>The company will also give 15 warrants for every existing<br>\nshare held by shareholders who subscribe to the rights shares.<\/p>\n<p>The warrants can be traded between July 23, 2003 and July 21,<br>\n2008.  -- Dow Jones<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/multiartha-plans-rights-issue-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}