In need of capital for 2 toll roads, CMNP to hold rights issue
JAKARTA - PT Citra Marga Nusaphala Persada Tbk (CMNP) to schedule a rights issue to raise the capital for developing Ir Wiyoto-Wiyono Toll Road, as well as the construction of Section 3-4 of Depok-Antasari Toll Road.
In the information disclosure quoted Tuesday (14/5), Hasyim, Director of CMNP, mentioned that the company will ask for approval regarding this rights issue plan from the shareholders on June 20, 2024. In said plan, the company aims to issue a maximum of 2.23 billion common shares of IDR 500 each.
As of April 30, 2024, the number of CMNP’s shares clocked up to 5.43 billion, with shareholders consisting of BP2S SG/BNP Paribas of 58.94% and the public of 41%. The ultimate beneficial owner of CMNP’s shares is Muhamad Jusuf Hamka.
Yesterday (13/5), CMNP’s stock price arrived at IDR 1,525 per share at the closing bell. The peak was recorded at IDR 1,545 per share, and the lowest was IDR 1,505 per share. (LK/ZH)