Ciputra Development placement at discount
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Indonesian businessman Johan Lensa, previous owner of PT Bukit Makmur Mandiri Utama (BUMA), has sold 9.57% stake or 600 million shares in property developer PT Modernland Realty Tbk (MDLN). Dani Prasetyo, Corporate Secretary of Modern Land, said Johan Lensa, via PT Bukit Makmur Widya, has sold its stake to PT Modern Griya Reksa at negotiation [...]
Property developer and dry port company PT Kawasan Industri Jababeka Tbk (KIJA) today announces a 6.04 billion new shares rights issue at the exercise price of Rp250 per share, entitling the company with the proceed of Rp1.51 trillion. Every holder of 500 existing shares of Jababeka will entitle 219 rights to buy new shares to [...]