JAKARTA – PT Surya Esa Perkasa Tbk (ESSA) is set to issue 1.56 billion shares to raise its capital through a private placement. Setting the price to IDR 1,025 per share, the transaction value is estimated to reach IDR 1.60 trillion.

Shinta D. U. Siringoringo, Corporate Secretary of Surya Esa Perkasa, said that this plan had been approved during the Extraordinary General Shareholders Meeting yesterday (8/2). “The parties that will take part in this corporate action include Chander Vinod Laroya and Garibaldi Thohir," she confirmed in the information disclosure quoted Friday (10/2).

Chander Vinod Laroya and Garibaldi Thohir are said to take 783.04 million shares each. They will pay these shares with their assets (inbreng scheme), which takes form in 116,510 units of shares of PT Panca Amara Utama (PAU).

This corporate action is scheduled to take place next week, on February 17, 2023. After this transaction, ESSA’s shares will increase 10% from 15.66 billion to 17.22 billion units.

Until January 2022, ESSA’s shareholders consist of PT Trinugraha that controls 23.102% of 15.66 billion shares, Chander Vinod Laraya that claims another 13.019%, and public investors of 63.879%. (LK/ZH)