Here is the reduction in public share in CNMA post-buyback
JAKARTA – PT Nusantara Sejahtera Raya Tbk (CNMA) has allocated IDR 300 billion for a buyback plan, aiming to buy back a maximum of 2.48% of shares from the fully paid and issued capital of 83.34 billion shares. After this transaction, the proportion of public share ownership will change.
According to a brief prospectus on Tuesday (25/2), CNMA’s authorised capital currently stands at 85 billion shares, while its fully paid and issued capital is 83.34 billion shares. The shareholder structure consists of HSBC-Fund SVS Salween Investment Pte Ltd 22.509%, PT Adi Pratama Nusantara (APN) 13.499%, PT Harkatjaya Bumipersada (HB) 0.002%, the company's management, Edwin Surya Winarta (Commissioner), 0%, and the public 9.999%. Meanwhile, the remaining shares in the portfolio amount to 1.65 billion shares.
After the transaction, the fully paid and issued capital will be reduced to 77.07 billion shares. The public shareholders' portion will decrease by 2.06 billion shares, from 8.33 billion to 6.26 billion shares.
Following the buyback, the projected shareholder structure of CNMA will consist of HSBC-Fund SVS Salween Investment Pte Ltd 22.509%, APN 13.499%, HB 0.002%, Edwin Surya Winarta (Commissioner) 0%, the public 7.518%, and treasury shares 2.48%. The portfolio shares will remain at 1.65 billion shares. (LK/ZH)