PT Bank Permata Tbk (BNLI) plans to conduct a limited public offering (PUT) IX to shareholders with a rights issue of a maximum of 88 billion shares.

Based on a brief prospectus published on Thursday (29/4), Bangkok Bank Public Company Limited, as the holder of 27.681 billion shares or 98.71% of the company's shares, will exercise all of its preemptive rights.

Currently, Bangkok Bank has deposited around Rp10.821 trillion on December 21, 2021, calculated as the company's capital paid-up funds.

The company plans to use the proceeds from the rights issue to strengthen the company's capital structure and finance increased credit and other productive assets for business development.

Meanwhile, an indication of the rights issue schedule is: that the GMS held on April 27, 2021, effective rights issue registration statement from OJK will be on June 10, 2021, registration to obtain preemptive rights on June 22, 2021, cum rights in the regu