JAKARTA - PT Panorama Sentra Wisata Tbk (PANR) will issue 600 million shares through rights issue. This corporate action plan has been approved by shareholders.

Budijanto Tirtawisata, Main Director of PT Panorama Sentra Wisata Tbk (PANR) said the shareholder approval requested to carry out in issue rights to strengthen the capital structure and business
development. "We obtained approval to issue a maximum of 600 million shares with a nominal value of Rp 50 per share," he said.

PANR will also issue 200 million warrants or 16.7% of the company's issued and paid-up capital. After obtaining shareholder's approval, PANR will submit an effective approval to the Financial Services Authority (OJK).

Regarding the sales target in 2023, he is optimistic that he can achieve better sales related to the encouraging performance in 2022. "If we were at the bottom, now we have climbed up," he said.

According to him, entering 2023 the company's performance will improve and continue to grow next year. (LK/W)