Jakarta - PT Bank KB Bukopin Tbk plans to conduct a limited public offering VI to issue Pre-emptive Rights for a maximum of 35.156 billion series B shares with a nominal value of Rp100 per share.

According to the company's brief prospectus published on Tuesday (7/9), shareholders who do not exercise their Pre-emptive Rights will experience a dilution of ownership of 51.8%.

If the proposed transaction is executed, the ownership of series B shares in PT Bosowa Corporindo will decrease to 4.09% from 8.49%, Kookmin Bank CO Ltd will increase to 73.06% from 67%, PT Perusahaan Pengelola Aset will reduce to 1.52% from 3.17%, and the public shareholding did not change or 21.29%.

The company plans to use the proceeds from the issuance of this rights issue to support the strategy, strengthen capital, lending, and strengthen the long-term funding structure according to the established business direction.

In the Bank's Business Plan, the company