Indonesia’s Bank Ina to raise $11.4m via rights issue

Indonesia’s Bank Ina to raise $11.4m via rights issue

Indonesia Flag Painted On Wall (Photo by criminalatt, www.freedigitalphotos.ne)

PT Bank Ina Perdana Tbk (BINA) is planning to raise Rp 150 billion ($11.4 million) through a rights offering. The company is slated to release 625 million new shares (23 per cent from the total enlarged capital) at Rp 240 apiece.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter