Jakarta - PT Bank Mayapada Internasional Tbk (MAYA) plans to increase its capital with preemptive rights by issuing 20 billion new series B shares.

The company's prospectus, issued on Monday (10/24) stated that the corporate action would help it strengthen its capital structure, thereby increasing its ability to improve business activities, performance, and competitiveness in the same industry. 

The company also hopes that by increasing the company's performance and competitiveness, it can increase the return on investment value for all of the company's shareholders.

In addition, this additional capital affects shareholders who do not exercise their preemptive rights, which will be diluted the company's share ownership percentage.

The company will use all funds obtained from additional capital with preemptive rights entirely to strengthen the capital structure as a core capital (Tier-1) and working capital in business deve