Jakarta - PT Bank Oke Indonesia Tbk (DNAR) estimates that it will obtain an effective permit for the planned Limited Public Offering III within the framework of the Rights issue or rights issue effective on September 17, 2021.

A brief prospectus published on Friday (17/9), cum rights in the regular market and negotiations will take place on September 27, 2021, and in the cash market on September 29, 2021, ex-rights in the regular market and negotiations will take place on September 28, 2021, and in the cash market on September 30, 2021.

Furthermore, the distribution of rights is estimated on October 1, 2021, rights trading on October 1-7, 2021, and the allotment of additional share subscriptions on October 11, 2021.

Through this rights issue, Bank Oke will issue a maximum of 2,537 billion shares with an exercise price of Rp197 per share.

Thus, Bank Oke will get fresh funds of around Rp499.827 billion. The lender plans to allocate the proc