Jakarta - PT Darma Henwa Tbk (DEWA) has decided to cancel the planned implementation of additional capital without preemptive rights (PMTHMETD) or private placement.

"Through this letter, the company conveys that the plan for implementing the private placement as we have previously stated has not been continued and has been canceled," said DEWA President Director Rio Supin in information disclosure on Wednesday (6/29).

He continued that the cancellation of the private placement plan had no impact on the company's operational activities.

Meanwhile, the company's plan to conduct a private placement is to find strategic partners who can increase the company's capital and increase production output. The management will examine other alternative corporate actions to boost capital.

The Extraordinary General Meeting of Shareholders with the agenda of a private placement plan to be held on June 30, 2022, was also canceled and not