Jakarta - PT Perintis Triniti Properti Tbk (TRIN) plans to increase its capital with pre-emptive rights of up to 485.95 million shares or 10% of the total issued and fully paid shares.

Based on the brief prospectus published Tuesday (5/10), to realize the rights issue plan, the company will hold an EGMS on November 10, 2021.

With this plan, the company can strengthen its capital structure, develop business activities, improve performance, expand and increase investment, and support its business growth in the future.

The company will use the funds obtained from the rights issue proceeds for capital expenditure of the company/business entity, in line with the company's business activities in the property sector, for the purchase of new land and business development of the company/business entity.

If the plan is realized, the invested and fully paid capital in the company will become PT Kunci Daud Indonesia, which has 2.004 billion shares, PT