JAKARTA – PT Darma Henwa Tbk (DEWA) will conduct a private placement by issuing a maximum of 18.83 billion Series B shares. This plan was approved by shareholders late last week (14/2).

Ahmad Hilyadi, Director and Corporate Secretary of DEWA, stated that the Capital Increase Without Preemptive Rights (PMTHMETD) plan was approved by 54.06% of all listed shares.

"The number of shares to be issued is less than 46.29% of the company's issued and fully paid shares post-PMTHMETD," he said on Monday (17/2).

The Extraordinary General Meeting of Shareholders (RUPSLB) of DEWA also agreed to increase the number of shares to be issued from the previous maximum of 17.16 billion to 18.83 billion shares.

Shareholders then approved changes to the company's Articles of Association (AD) related to the increase in issued and paid-up capital.

As of January 2025, DEWA has 21.85 billion shares, with the Controlling Shareholder owning 11.5% and Non-controlling Shareholders owning 88.5%.

Free float shares were recorded at 15.52 billion, or 71.04% of listed shares. The company has 28,172 shareholders, and the ultimate beneficiary of the shares is Nirwan Dermawan Bakrie. (LK/ZH)