Jakarta – PT Bank Capital Indonesia Tbk (BACA) intends to raise new funds through a public offering to increase capital without granting Rp1.3 trillion in Preemptive Rights.

Based on the company's disclosure released on Thursday (12/1), BACA issued 12.875 billion shares with an exercise price of Rp101 per share.

PT Capital Global Investama, as the controlling shareholder, will own 74.70% of the total number of shares that have been and will be issued by the company.

The company issued and paid-up share capital will increase by implementing the private placement plan from 7.078 billion to 19.953 billion.

A private placement schedule is set for December 7, 2022, and the results will be announced on December 9, 2022.