- VIVAnews/Tri Saputro
VIVAnews - PT Allbond Makmur Usaha Tbk (SQMI) finished its tender offer to PT Renuka Energy Resource Holdings.
SQMI managing director Ganesh mane said the tender offer was done at a bid price of Rp 152 per unit. "The tender bid period was between July 12 and July 26," he said in a release today, August 2.
The shares aimed for the tender offer amounting to 60,223,800. Meanwhile, Allbond owned 240,961,200 shares prior to the tender offer.
Renuka Energy Resources Holding (FZE), a company established in free trade zone, Airport International Free Zone (SAIF-Zone), Arab Uni Emirates, will take control the shares of PT Allbond Makmur Usaha Tbk.
Renuka will purchase 236.99 million shares owned by PT Sanex International and 1.81 million shares owned by Kong Tju Yun. In addition, Renuka will buy 2.15 million shares owned by Fauzan Pesik.
Last week, Allbond also requested the stock authorities to remove suspension over the company's shares.
The proposal is aimed a facilitating the implementation of crossing in the negotitation market by Renuka Energy through PT Cipatadana Securities.
The company stated that the tender offer period was terminated at July 26.
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Translated by: Bonardo Maulana W
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