Jakarta - PT Perintis Triniti Properti Tbk (TRIN) revised the implementation price of the limited public offering I in the context of pre-emptive rights or rights issue to Rp900 per share from the previous Rp750 per share.

Based on the information disclosed on Wednesday (5/25), the company hopes to raise funds of as much as Rp133.01 billion.

TRIN decided to issue 147.79 million shares (3.09%) instead of the previous 185.31 million shares (3.85%) of the total issued shares.

Simultaneously, TRIN also issued 147.79 million series II warrants, down from the previous 185.31 million series II warrants.

To realize this corporate action, TRIN will hold a GMS on May 27, 2022, which is estimated to be effective from the OJK on May 31, 2022.

TRIN will use the proceeds from the PUT I of approximately Rp43.10 billion for transactions to acquire assets in the form of holdings in Labuan Bajo covering an area of 191,790 m2, approximately Rp43.53 bil