PT MNC Land Tbk (KPIG) plans to increase capital without pre-emptive rights by issuing new shares of up to 8,062 billion shares or a maximum of 10% of the total paid-up shares.

The company's brief prospectus published on Thursday (20/5) states that this transaction plan will support the acceleration of development and further development in the KEK MNC Lido City, improving the company's capital and financial structure.

Furthermore, the number of outstanding shares of the company will increase, thereby increasing the liquidity of the company's stock trading, and the company can invite various strategic investors who are interested in investing their capital in the company, thereby providing added value to the company's performance.

Shareholders who do not exercise proportionate share ownership will experience a decrease in ownership of as much as 9.09%. To realize this celebration, the company will hold an Extraordinary General Meeting of