JAKARTA – Shareholders of PT Bank Mayapada Internasional Tbk (MAYA) agreed upon the capital raise through rights issue. This corporate action plan was approved during Extraordinary General Meeting of Shareholders (EGMS) yesterday (2/10).

Jennifer Ann, Secretary of Bank Mayapada, confirmed that shareholders greenlit the rights issue plan of a maximum of 27 billion series B shares of IDR 100 per share. “The maximum amount is IDR 2.7 trillion,” she added in the minutes of EGMS quoted today (4/10).

EGMS was attended by shareholders representing 11.48 billion shares or 97.07% of the entire shares with valid votes issued by the company. The rights issue plan was approved by 9.18 billion shares or 80% of the meeting quorum.

The decision of EGMS regarding this rights issue will replace the decision of EGMS dated November 22, 2022.

The proceeds of the rights issue will be utilised to increase authorised capital and working capital regarding credit distribution to potential debtors.

As of August 31, 2023, MAYA recorded 11.83 billion shares. Unity Rise Limited owned 7.31% of them, followed by Galasco Investments of 12.67%, JPMC NaRe-Cathay of 19.36%, Mayapada Karunia of 29.89%, Liang Xian Limited of 12.39%, Mayapada Kasih of 4.77%, Dato Sri Tahir of 4.79%, public investors (scrip) of 6.25%, and scripless 2.57%. (LK/ZH)