JAKARTA – PT Bank KB Bukopin Tbk (BBKP) aims to raise IDR 12 trillion by issuing 120 billion series B shares from May 9 to 16, 2023.

Based on the prospectus quoted today (13/2), BBKP’s authorised capital is IDR 21 trillion, while its issued and paid-up capital amounts to IDR 7 trillion. It consists of series A shares of IDR 213.37 billion and series B shares of IDR 6.78 trillion. The stock in its portfolio is worth IDR 14 trillion.

The holder of series A shares are PT Perusahaan Pengelola Aset (Persero) (PPA), which claims 0.01%, and public shares below 5% of 0.02%. Meanwhile, the holder of series B shares are Kookmin Bank Co Ltd of 67%, PPA of 1.53%, Koperasi Pegawai dan Pensiunan Bulog Seluruh Indonesia (Kopelindo) of 0.01%, and public investors below 5% of 31.43%.

Assuming that all shareholders participate in this corporate action, after this rights issue, BBKP’s issued and paid-up capital will rise to IDR 19 trillion, consisting of series A shares of IDR 213.37 billion and series B shares of IDR 18.78 trillion. (LK/ZH)