{
    "success": true,
    "data": {
        "id": 1311897,
        "msgid": "suba-indahs-stock-split-1447893297",
        "date": "2000-07-12 00:00:00",
        "title": "Suba Indah's stock split",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Suba Indah's stock split JAKARTA (JP): Publicly-listed PT Suba Indah food and beverage company will split its stock in light of its upcoming rights issue to raise about Rp 337.5 billion (US$37.5 million) fresh funds for new investment. The company announced on Tuesday that it would issue 675 million new shares with a par value of Rp 500 in its rights issue to partly finance its Rp 523.8 billion corn processing plant in Cilegon, West Java.",
        "content": "<p>Suba Indah&apos;s stock split<\/p>\n<p>JAKARTA (JP): Publicly-listed PT Suba Indah food and beverage<br>\ncompany will split its stock in light of its upcoming rights<br>\nissue to raise about Rp 337.5 billion (US$37.5 million) fresh<br>\nfunds for new investment.<\/p>\n<p>The company announced on Tuesday that it would issue 675<br>\nmillion new shares with a par value of Rp 500 in its rights issue<br>\nto partly finance its Rp 523.8 billion corn processing plant in<br>\nCilegon, West Java.<\/p>\n<p>The corn plant project, slated to come on stream in 2002, will<br>\nhave a daily processing capacity of 1,000 metric tons, thereby<br>\ncreating a stable market for corn growers in West Java.<\/p>\n<p>Suba Indah&apos;s director Ibnu.S said that those registered as<br>\nshareholders of the company as of July 14 would be entitled to<br>\nthe rights shares.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/suba-indahs-stock-split-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}