JAKARTA. PT Bank National Nobu Tbk (NOBU), simply known as Bank Nobu, once again announces its plan to hold a corporate action of capital raise with pre-emptive rights, or rights issue, by issuing 2.6 billion shares at most.

In the information disclosure, the management of NOBU mentioned that the proceeds gained from its upcoming rights issue will be used to reinforce its capital, in compliance with the Financial Services Authority Regulation (POJK) No.12/POJK.03/2020 regarding Consolidation of Conventional Banks, as well as enhancing its working capital. It includes distributing the credit to the users and developing digital services.

The rights issue will be conducted using the face value of IDR 100 per share with an undetermined offering price. The company still awaits approval from its shareholders, which is expected to be secured during the Extraordinary General Shareholders Meeting on April 17, 2023. The management announced this series of information in its official statement on Tuesday (7/3).

For the record, NOBU has just concluded its second rights issue on February 28, 2023. In this round of corporate action, the offering price was set to IDR 592 per share. In the prospectus, NOBU was said to issue a maximum of 681.81 million units of shares. (AM/ZH)