JAKARTA – PT Bank Ina Perdana Tbk (BINA) scored IDR 800.32 billion from its rights issue that took place in late November 2022. Approximately IDR 794.70 billion (net) is now placed as term deposit in Bank Indonesia (BI).

John Eric Pontoh, Corporate Secretary of Bank Ina, claimed that the rights issue proceeds will be spent according to the plan in the prospectus, which is to reinforce BINA’s working capital. The remaining funds will be deposited in BI as term deposit with an interest rate of 5.3% and BI’s deposit facility of 4.75% for a month.

Based on the prospectus, BINA initially aimed to secure an additional capital of a maximum of IDR 1.20 trillion in a rights issue in November 2022. In this corporate action, the company offered 296.85 million units of shares for IDR 4,050 each.

PT Indolife Pensiontama (IP), the owner of 22.47% of BINA’s shares, declared its commitment to exercise its entire shares in this corporate action. (LK/ZH)