AI Report - Use of Public Offering Proceeds Report (MLPL) - IndoPremier

On 8 March 2022, the rights issue generated gross proceeds of IDR 521,346,000,000, with offering costs amounting to IDR 6,383,000,000, leaving net proceeds of IDR 514,963,000,000. The net funds were fully allocated as follows: IDR 90,000,000,000 (17.48%) for the repayment of the entire principal of a fixed loan to PT Bank CIMB Niaga Tbk; IDR 173,640,000,000 (33.72%) for the partial repayment of the principal of a loan to PT Bank Negara Indonesia (Persero) Tbk; and IDR 251,323,000,000 (48.80%) for business development and investment of the company and its subsidiaries. There are no remaining unused funds following this allocation.