JAKARTA - The portion of Ruhong Holding Pte. Ltd. in PT Perma Plasindo Tbk (BINO) now increases to 89.63% from 72% of total issued and paid-up capital of said issuer, which had just been concluded last week (5/9). 

In the information disclosure quoted Wednesday (11/9), Lou Fuan, Director of Ruhong Holding Pte. Ltd. said that the company had purchased a maximum of 383.46 million shares of BINO during a tender offer from July 27 to August 25, 2024.

The gross tender offer value was recorded at IDR 56.36 billion, with transaction cost of IDR 197.29 million. Thereforex total net tender offer value reached IDR 56.17 billion. Meanwhile, total shareholders who agreed to transfer their portions via this corporate action are 45 shareholders. For the record, the tender offer price was set to IDR 147 per share.

Initially, this particular BINO's shareholder planned to acquire a maximum of 435.02 million shares or 20% of issued and paid-up capital of BINO via a tender offer. Then, Ruhong becomes the controlling shareholder of BINO after taking over 1.56 billion shares or 72% of issued and paid-up capital.

As of August 2024, BINO's total shares clocked up to 2.17 billion with controlling shareholder owning 72%, and non-controllers, 28%. Total shareholders were recorded at 1,395, with the ultimate beneficial owner of the shares being Ruhong Holding Pte Ltd. (LK/ZH)