JAKARTA - PT Global Mediacom Tbk (BMTR) seeks extra capital by issuing a maximum of 16.58 billion shares via a private placement. This plan will take place soon after the Extraordinary General Meeting of Shareholders next week (25/6).

In the issued prospectus quoted Friday (21/6), as of now, BMTR’s authorised capital is recorded at IDR 5.75 trillion, followed by issued and paid-up capital of IDR 1.63 trillion, and the stock in portfolio worth IDR 3.91 trillion.

Shareholder structure now consists of PT MNC Asia Holding Tbk of 45.75%, Harry Tanoesoedibjo (HT) of 0.19%, Ruby Panjaitan of 0.00%, Indra Pudjiastuti of 0.12%, Rosano Barack of 0.19%, Lo Kheng Hong of 6.53%, and the public of 47.22%.

After this corporate action, issued and paid-up capital will rise to IDR 1.82 trillion, while the stock in portfolio shrank to IDR 3.75 trillion.

Shareholder structure will be altered to PT MNC Asia Holding Tbk of 41.53%, Harry Tanoesoedibjo (HT) of 0.17%, Ruby Panjaitan of 0.00%, Indra Pudjiastuti of 0.11%, Rosano Barack of 0.17%, Lo Kheng Hong of 5.93%, the public of 42.78%, and new shares of 9.21%.

BMTR is known as the operator of four free-to-air (FTA) channels, online media platforms, super-app AVOD and SVOD, artist management, social media, and user-based media platform.

As of December 2023, the issuer reported assets of IDR 35.26 trillion, liabilities of IDR 7.61 trillion, equity of IDR 27.65 trillion, revenue of IDR 10.16 trillion, profit before earnings of IDR 1.08 trillion, and profit of IDR 1.06 trillion. (LK/ZH)