Indonesia: Logindo Samudramakmur to raise $10m via rights issue

Indonesia: Logindo Samudramakmur to raise $10m via rights issue

Jakarta-listed Logindo Samudramakmur is to issue up to 1.63 billion new shares in a rights offering that could rake a total of Rp 135 billion ($10 million). The shares will be offered at Rp 83 – 92 apiece, the company said in a filing.

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