Bank Yudha Bhakti converts rights issue into 275,770,770 shares on May 31, 2016
2016-05-31 08:24:37
PT. Bank Yudha Bhakti Tbk (BBYB) announced that there has been a conversion of Preemptive Rights (HMETD) into shares with the following details:
| Number of shares | 275,770,770 shares |
| Origin of shares | Preemptive Rights (HMETD) Conversion |
| Listing date | May 31, 2016 |
| Trading date | May 31, 2016 |
In order to implement the Government Regulation (Peraturan Pemerintah /PP) No. 29 of 1999 regarding the shares purchase of General Bank, which says the Bank shares only can be listed in Stock Exchange as much as 99%,then from the implementation of Limited Public Offering I of PT. Bank Yudha Bhakti Tbk, there was 1,509,096,000 shares addition which was not listed in the amount of 2,757,708 registered shares on PT. Gozco Capital, so the total shares not listed was 40,242,560 shares.
Therefore, PT. Bank Yudha Bhakti Tbk now has a total of 3,984,013,440 shares listed in the Indonesia Stock Exchange.
BBYB - PT. Bank Neo Commerce Tbk
Rp 274
-26 (-9,00%)
