Jakarta - PT Dwi Guna Laksana Tbk (DWGL) plans to increase its capital without providing pre-emptive rights to a maximum of 871.15 million shares or 10% of the total issued and fully paid shares.

Based on the summary prospectus published in the IDX's disclosure of information on  Thursday (26/8), if the additional capital is fully implemented, the shareholders will be subject to a dilution of ownership of up to 9.09%.

To realize this private placement plan, DWGL will hold an EGMS on August 30, 2021.

The plan to increase capital is an anticipation of the increasing need for funds over the next two years.

With this private placement plan, the company will get additional funds that will strengthen the capital structure to increase the business activities of the company and its subsidiaries and the number of outstanding shares of the company gradually so that it is expected to increase stock trading liquidity.

This private place