JAKARTA – PT Darma Henwa Tbk (DEWA) has set a price of IDR 75 per share for its upcoming private placement scheduled for next week (27/2). With 18.83 billion series B shares to be issued, the corporate action is estimated to be valued at IDR 1.4 trillion.

Ahmad Hilyadi, Director and Corporate Secretary of DEWA, stated that the company's issued and paid-up capital after the implementation of the Capital Increase Without Pre-emptive Rights (PMTHMETD) will rise by 18.83 billion shares to 40.46 billion shares, totalling IDR 3.12 trillion.

“The determination of the PMTHMETD exercise price is in accordance with the Indonesia Stock Exchange regulations,” he said, quoted on Thursday (20/2).

All newly issued shares will be acquired by PT Madhani Talatah Nusantara (MTN), PT Andhesti Tungkas Pratama (ATP), and PT Antareja Mahada Makmur (AMM). These three investors are not affiliated with DEWA.

Before the private placement, DEWA's authorised capital was recorded at 98.14 billion shares (Series A and B).

Its issued and fully paid-up capital stood at 21.85 billion shares, with shareholders consisting of Goldwave Capital Limited holding 17.458%, Zurich Asset International Ltd with 11.500%, and the public owning 71.042%. Meanwhile, DEWA has 76.29 billion portfolio shares. (LK/ZH)