JAKARTA – Shareholders of PT BPD Jawa Timur Tbk (BJTM) agreed upon extra capital investment channelled to PT BPD Banten Tbk (BEKS) worth IDR 10 billion. The decision was made official during Extraordinary General Meeting of Shareholders last week (26/9).

Wioga Adhiarma Aji, Corporate Secretary of BJTM, confirmed that the meeting gave approval regarding the corporate action plan of capital investment in Bank Banten, which undergoes Joint Business Group process.

This corporate action was approved by 98.219% of meeting quorum of 12.35 billion shares, equal to 82.276% of total issued shares.

As of August 2024, BJTM’s shares clocked up to 15.01 billion, with controllers owning 51.12% and non-controlling shareholders claiming another 48.73%. It recorded 66,312 shareholders with the ultimate beneficial owner of the shares being the East Java Government.

Meanwhile, BEKS recorded 51.87 billion shares with controllers owning 66.11% and non-controlling shareholders claiming another 33.99%. It recorded 52,892 shareholders with the ultimate beneficial owner of the shares being the Banten Government. (LK/ZH)