VIVAnews - The majority of shareholders of PT Apexindo Pratama Duta Tbk (APEX), Mira International Holdings Pte Ltd, is willing to purchase shares belonging to minor shareholders.
The action will be taken if there are still minor shareholders that would release their ownership after the delisting period ends.
"Mira International Holdings as major shareholders will buy share at Rp 2,875 per unit," said Apexindo Director, Suarmin Tioniwar, in a written statement on Tuesday, April 7.
According to him, the price is in line with the tender offer held on March 10, 2009, and is valid until December 9.
Tioniwar explained that, concerning the delisting, the company will be responsible if there were demand from shareholders or third party receiving the rights as regards the delisting process.
Earlier, Mira International Holdings completed the tender offer of APEX shares. Following the tender offer, Mira controlled 98.14 percent of APEX shares.
Mira International Holdings Director, Wirawan Halim, said the fund paid to public shareholders reaching Rp 1.19 billion.
After the tender offer, Apexindo shareholders include Mira International Holdings Pte Ltd with 98.14 percent; the public, 0.25 percent; and PT Hertech Kharisma, 1.61 percent. Prior to the tender offer, Mira International controlled 79.78 percent of Apexindo as well as the public shares with 20.22 percent.
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Translated by: Bonardo Maulana Wahono