Mining company PT Trimegah Bangun Persada Tbk (Harita Nickel) is set to carry out a Capital Increase through a Limited Public Offering (PUT) by offering Rights to Subscribe for Additional Shares (HMETD). This decision has been agreed upon by the shareholders through an Extraordinary General Meeting (EGM).
In this corporate action, the number of shares to be issued will be a minimum of 10% and a maximum of 30% of the company's current issued and paid-up capital.
The Limited Public Offering will be conducted no later than 12 months after obtaining approval from the EGM, in compliance with the prevailing regulations in the capital market sector, including but not limited to approval from the capital market authority (if required) and final plans related to the purchase of shares in the target company.
Roy Arman Arfandy, the Chief Executive Officer of PT Trimegah Bangun Persada Tbk (Harita Nickel), stated that this move is a strategic step taken by Harita Nickel to strengthen its growth and sustainable business development.
"The funds obtained from this corporate action will be used to support the business expansion of Harita Nickel, including but not limited to the purchase of shares in companies engaged in nickel ore refining and/or other mining companies," he said in his official statement on Friday (March 15).
PT. Trimegah Bangun Persada Tbk (Harita Nickel) remains committed to sustainability and responsible growth, while also increasing its positive contribution to the community and the environment around its operational areas.
"The company hopes that these steps will further strengthen its position as a leader in the nickel mining and processing industry in Indonesia and globally," he concluded.