{
    "success": true,
    "data": {
        "id": 1188817,
        "msgid": "panin-plans-rights-issue-1447893297",
        "date": "1995-06-12 00:00:00",
        "title": "Panin plans rights issue",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Panin plans rights issue JAKARTA (JP); Panin Bank, a publicly listed private bank, plans to issue 60.18 million rights shares, each with a face value of Rp 1,000 (44 U.S. cents), a bank executive said. Roosniaty Salihin, a director of the bank, told reporters after the bank's extraordinary shareholder meeting over the weekend that every four existing shares will be eligible to buy one new share at Rp 1.900.",
        "content": "<p>Panin plans rights issue<\/p>\n<p>JAKARTA (JP); Panin Bank, a publicly listed private bank, plans<br>\nto issue 60.18 million rights shares, each with a face value of<br>\nRp 1,000 (44 U.S. cents), a bank executive said.<\/p>\n<p>Roosniaty Salihin, a director of the bank, told reporters<br>\nafter the bank's extraordinary shareholder meeting over the<br>\nweekend that every four existing shares will be eligible to buy<br>\none new share at Rp 1.900.<\/p>\n<p>She said the bank will also distribute cash dividends of Rp<br>\n7.22 billion, or Rp 30 per share.<\/p>\n<p>She said the bank will maintain its annual lending interest<br>\nrates at between 21 percent and 23 percent to support its loan<br>\nexpansion program.<\/p>\n<p>She reasoned that lending interest rates of over 23 percent<br>\nmight discourage borrowers from seeking loans for their<br>\nbusinesses.<\/p>\n<p>Roosniaty said the bank's after-tax profit last year increased<br>\nto Rp 47.30 billion from Rp 38.6 billion in the previous<br>\nyear.(32)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/panin-plans-rights-issue-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}