Jakarta, CNBC Indonesia – In the midst of a 1.37% correction in the Composite Stock Price Index (JCI) in today’s trading, there were two BUKU II bank stocks (banks with core capital below Rp 5 trillion) that managed to soar.
IDX data records that the two bank shares are PT Bank Harda Internasional Tbk (BBHI) which was recently acquired by Mega Corpora which is controlled by entrepreneur Chairul Tanjung and PT Bank Ina Perdana Tbk (BINA) which is controlled by Indofood boss Anthony Salim. managed to fly high in today’s trading.
It was recorded that BINA’s shares shot up to the Upper Auto Reject level (ARA, the highest increase of 25% in a day) with a 25% increase to the price level of Rp. 3,850/unit.
While BBHI managed to shoot up 25% as well but then it was reduced to an increase of 17% to a price level of Rp 2,200/unit. BBHI’s daily price is at the top level of Rp 2,350/share.
The increase in the two shares cannot be separated from the two tycoons who are ready to inject funds into the two issuers through the mechanism rights issue aka Capital Increase with Pre-emptive Rights (PMHMETD).
It is noted that BBHI plans to issue a maximum of 7,498,501,696 new shares or 179.20% of the company’s issued and fully paid capital with a nominal value of Rp 100/share at the same redemption price.
PT Mega Corpora as the controlling shareholder with 73.71% ownership will take part of the entire Preemptive Rights which is its right and is ready to become a standby buyer in this Preemptive Rights corporate action.
The last recorded date for trading shares with Preemptive Rights in the regular market is July 8, 2021, while the trading and exercise period for Preemptive Rights starts from July 14 to July 21, 2021 with allotment of new shares no later than July 26, 2021.
Meanwhile, BINA also plans to carry out a similar corporate action in which BINA will release a maximum of 2 billion new shares with a nominal value of Rp 100 per share.
With his approval rights issue this, Anthony Salim, as ultimate shareholder opportunity to increase its share ownership in Bank Ina.
CNBC INDONESIA RESEARCH TEAM
(trp/trp)
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