May 4, 2011

Indomobil Sukses & rights issue

Auto maker and distributor PT Indomobil Sukses Internasional Tvk (IMAS), controlled by Salim family, has announced a proposed new shares issuance with preemptive rights late last month
The company is seeking an approval for the rights issue during extraordinary of shareholders general meeting (EGM) scheduled on June 24 2011. How much the rights issue target? Who has been mandated as underwriters? Please login or register to read the remaining story.  

Disclosure: No position at the stock mentioned above.

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