25 Jul 2022 09:27 (10 bulan lalu) -
JAKARTA – The portion of PT Provident Capital Indonesia (PCI) will rise to 54.58% by the end of the tender offer of 10.41% of shares of PT Provident Agro Tbk (PALM). In said corporate action, CPI plans to acquire a maximum of 736,728,500 shares owned by PALM’s shareholders. In the information disclosure quoted Monday (25/7), Lim Na Lie, Corporate Secretary of Provident Agro, confirmed that PCI will record a possession of 3,880,929,391 shares of PALM’s entire issued and paid-up capital. “After this voluntary tender offer, PCI will become the sole controlling shareholder of the company, which was originally a shared position between PCI and PT ...