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View all search resultsPT Chandra Asri Petrochemical (CAP), the country’s largest integrated petrochemical manufacturer, has concluded its Rp 5.03 trillion (US$378 million) rights issue, bringing its free float in compliance with an Indonesia Stock Market (IDX) regulation.
As activists howled over the government’s lethargy in resolving the murder case of human rights activist Munir Said Thalib, the country’s chief security minister said on Friday there were many other things that should be discussed other than the slain activist.
The Qatar National Bank QPSC (QNB Group) as the controlling shareholder of Bank QNB Indonesia has injected Rp 2.18 trillion (US$162.72 million) into the bank as capital paid in advance as well as acting as standby buyer in the rights issue of Bank QNB Indonesia.
State-owned steel maker Krakatau Steel is aiming for Rp 1.8 trillion (US$135.77 million) in proceeds through a mandatory rights issue that will pave the way for government capital injections to the company worth Rp 1.5 trillion.
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