Bank IBK Indonesia Revises Rights Issue Timing


PT Bank IBK Indonesia Tbk (AGRS) again revised the schedule indication for the limited public offering III with a rights issue of up to 10.42 billion shares.

IBK Bank's official publication, on Friday (7/5), showed the company had revised the schedule indication three times. Initially, the date of recording was scheduled on May 11, 2021, then changed to May 17, 2021, and the last was on May 25, 2021.

The date of distribution of new shares was originally scheduled for May 21, 2021, to be advanced to May 18, 2021, and changed to May 27, 2021. The estimated date is similar to the plan for approval of the Indonesia Stock Exchange to list the third limited public offerings.

The listing of new shares resulting from preemptive rights on the IDX will also initially take place on May 24, 2021, to May 19, 2021, and will change to May 28, 2021.

In addition, the indication of the rationing schedule, the refund of excess orders, the limited public offe



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