Megalestari Epack Seeks Shareholder Approval for Rights Issue of Up to 2 Billion Shares
Bitget2026/10/29 14:38Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Megalestari Epack Sentosaraya will seek shareholder approval on November 3, 2026, for a rights issue of up to 2,000,000,000 new shares.
- The proposed shares carry a nominal value of Rp 50 each; subscriptions will be paid entirely in cash.
- Net proceeds will fund business expansion capital expenditure, debt reduction primarily targeting bank borrowings, and working capital.
- The issue requires regulatory clearance; shareholders who do not exercise their rights will face ownership dilution.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Megalestari Epack Sentosaraya Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32170342) on October 29, 2026, and is solely responsible for the information contained therein.
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