Indonesian Political, Business & Finance News

Indocement denies rights issue plan

Indocement denies rights issue plan

In reference to Indocement to launch rights issue published in The Jakarta Post on Sept. 1, I would like to clarify that the report of the rights issue is not true.

The subject of a news conference held by Indocement following its extraordinary shareholders meeting on Tuesday was limited to the results of the meeting. I never made statements related to the rights issue plan.

I would therefore like to clarify that Indocement has no plan to launch a rights issue.

RIA SJAHRONI

Corporate Secretary

PT Indocement Tunggal Prakarsa

NOTE: The same story, with the same content, appeared in other media and in newswire reports. Our reporter stands by her story.

-- Editor

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