PT Pool Advista Indonesia Tbk (POOL) plans to raise Rp 393.7 billion or about $30 million through a rights issue, while cinema operator PT Graha Layar Prima Tbk (BLTZ) intends to cut its rights offering from Rp 850 billion ($62 million) to Rp 650 million ($49 million).
At the same time, PT Equity Development Investment Tbk (GSMF) has purchased 13.8 per cent stake in PT Equity Finance from Global Link Equity, increasing its ownership in the company to 99 per cent.