JAKARTA - PT MAP Boga Adiperkasa Tbk (MAPB) has completed a private placement by raising IDR 434 billion in fresh funds. Additional shares resulting from this corporate action were listed last week (18/8).

In the disclosure published on Monday (21/8), Liryawati, Corporate Secretary of PT MAP Boga Adiperkasa Tbk (MAPB) said that the company had issued 217 million shares at a price of IDR 2,000 per share, last week (16/8). The number of shares after the private placement rose to 2.38 billion from 2.17 billion previously.

Parties that made the deposit of shares included PT Kemilau Cahaya Sakit (KCS) in the amount of 41 million or IDR 82 billion, PT Lumbung Alam Sentosa (LAS) 68 million or IDR 136 billion, PT Kebun Prima Lestari (KPL) 48 million or IDR 96 billion , and GA Robusta F&B Company Pte Ltd in the amount of 60 million or IDR 120 billion.

The proceeds from the private placement will be used for business expansion, especially opening new stores and working capital.

She conveyed that PT Mitra Adiperkasa Tbk (MAPI) remained a 71.9117% shareholder and G Robusta F&B Company Pte Ltd in MAPB after the private placement.

Previously, the number of MAPB shares was 2.17 billion with the ownership structure namely, MAPI 79.999%, GA Robusta F7B Company Pte Ltd 19.4002%, PT Premier Capital Investment 0.001%, Directors and Commissioners 0.3016%, and the public 1.1981 %. (LK/LM)