MNC Land Private Placement of IDR747.3Bn

MNC Land, Tbk (KPIG:IJ) will increase its capital through private placement. Company will issue 516,845,042 new shares with a nominal value of IDR500. The amount is equivalent with 7.5% of the number of shares that have been placed. These corporate action have been approved by the extraordinary shareholders general meeting on June 22, 2017. According to company’s statement, the private placement exercise price at level IDR1,446 per share, or the company will raiseTo subscribe please click here