AISA to Scoop Rp 329,47 Billion from Private Placement

Summary

PT Tiga Pilar Sejahtera Tbk (AISA) and PT FKS Food and Ingredients (FKS FI) have signed a new share acquisition agreement on August 6, 2019. With this agreement, FKS FI expressed its interest in taking part in new shares to be issued by AISA

The number of shares to be issued in the private placement plan is 1.57 billion of B series shares with a nominal value of Rp 200 per share, equivalent to 32.77 percent of the total issued and fully paid-in shares. Meanwhile, AISA and FKS FI agreed on a new share price of Rp 210 per share. AISA would obtain proceeds totaling Rp 329.47 billion from this corporate action.

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