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Previously, PT Bank Bukopin Tbk (BBKP) had received new funds in the amount of 1.46 trillion rupees from the koporasi action of Rights Issue IV (rights issue). This process of public appeal to limited savings was conducted until July 27, 2018.
With the addition of capital, Bank Bukopin's solvency ratio increased to 13%. , 5%. Bank Bukopin's rights issue plan received a statement from OJK on June 29, 2018. The Pre-emptive Rights Transaction (HMETD) was completed on July 13 until July 25, 2018.
After the HMETD negotiation process, KB Kookmin Bank (buyer pending) bought 2.56 billion shares of Bank Bukopin at Rp 570 per share
Payment for the transaction was made on 27 July. Bank Bukopin's share price on the market at the close of the transaction on July 26 reached Rp 404 per share
After the rights issuance process, the composition of the shareholders of Bank Bukopin became Bosowa Corporindo of 23.4%, KB Kookmin Bank of 22%, Indonesian Bulog Employees (Kopelindo) were recorded at 12.4%, the state of Indonesia recorded 8.9% and the public has reaches 33.3%.
Watch the selected video below:
Indonesia's Economic Challenge in 2018
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