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Selasa, 08 Maret 2011

Bank Victoria to Raise Rp58.46 Billion via Rights Issue - The Indonesia Today

PT Bank Victoria International Tbk (BVIC) plans to issue 414.58 million new shares through pre-emptive rights scheme, representing 10% of its enlarged capital, aiming to increase its liquidity in stock market.
The bank said in a prospectus published today that the rights issue is priced at Rp141 per share, or Rp58.46 billion in total. The proceeds will be used for strenthening capital.

The bank will hold extraordinary general meeting of shareholders in March 23, 2011 for seeking approval for the rights issue. The rights issue is targeted to be conducted in April 18, 2011 the latest.

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