JAKARTA - PT Metro Pacific Tollways Indonesia Services (MPTIS), the controlling party of PT Nusantara Infrastructure Tbk (META), has revised the tender offer period to March 19 – April 17 from the previous January 25 – February 23. In addition, there are also changes in share volume and transaction value regarding this corporate action.

In the information disclosure quoted Monday (18/3), MPTIS is said to offer a maximum of 4,104,990,344 shares or equal to 23.18% of total issued and paid-up capital of META after the offering price of IDR 250 per share. Once calculated, the tender offer value is maxed out at IDR 1.02 trillion.

Prior to this, this controller of META planned to offer 4,490,444,344 shares in the tender, or equal to 25.35% of total issued and paid-up capital of META with offering price of IDR 250 per share. The tender offer value was set to a maximum of IDR 1.12 trillion.

After this tender offer, MPTIS’s portion rose to 17.32 billion shares or 97.82% of total issued and paid-up capital of META. Prior to this, MPTIS had 13.22 billion shares or 74.65% of META’s issued and paid-up capital.

Authorised capital of META was recorded at IDR 5.66 trillion, followed by issued and paid-up capital of IDR 1.23 trillion, and the stock in portfolio worth IDR 4.43 trillion. (LK/ZH)