Zebra Nusantara, The Company Brother Of The Conglomerate Hary Tanoe Seeks Rp1 Trillion In Funds From Issuing 3.43 Billion Shares

Illustrated. (Irfan Meidianto / VOI)

JAKARTA - PT Zebra Nusantara Tbk, a taxi company from the city of Surabaya, plans to increase capital through a pre-emptive rights scheme (HMETD) II or rights issue by issuing a maximum of 3.43 billion new shares.

Quoted from the disclosure of information on the Indonesia Stock Exchange (IDX) website, Thursday April 1, the nominal value of the rights issue is Rp 100 per share. However, the price for the implementation of the company's rights issue which is now owned by the brother of conglomerate Hary Tanoesoedibjo, Bambang Rudijanto Tanoesoedibjo, has not yet been determined.

The company assumes the exercise price of ZBRA's right issue in the range of Rp 406 per share. Thus, the funds to be narrowed from this rights issue amounted to Rp1.08 trillion.

In this rights issue, PT Trinity Healthcare (THC) as the controlling shareholder of the company along with PT European Hospital Development (EHD), PT Jagegreen Equities (JGE) and PT Holistic Ventures (HV), or collectively called the shareholders of PT Dos Ni Roha (DNR), will take over the company's new shares by paying in the form of inbreng shares as much as 99 percent of all shares that have been issued and fully paid up by DNR.

However, before and after this PMHMETD II, THC will later remain the controlling shareholder of the company and DNR. The corporate actions that will be carried out by the company will not cause a change in control of the company.

It is estimated that the implementation of this rights issue will be carried out no later than 12 months after obtaining approval from the Extraordinary General Meeting of Shareholders (EGMS).

Meanwhile, 77.70 percent of the proceeds from the rights issue will be used to take over 99 percent of DNR shares or the equivalent of 2.66 billion shares. While the rest is used for the company's working capital.

This rights issue is expected to strengthen ZBRA's capital structure, support the company's business activities and performance.

Not long ago, Bambang Rudijanto Tanoesoedibjo alias Rudy Tanoe increased his share ownership in ZBRA. He reported the purchase of 14,452,200 ZBRA shares at a price of IDR 362 per share.

"In order to comply with the Financial Services Authority (OJK) regulations regarding the disclosure of certain shareholder information, I hereby convey the change in share ownership of PT Zebra Nusantara Tbk on behalf of Rudijanto Tanoesoedibjo," wrote a letter signed by Rudy Tanoe, quoted from the information disclosure page of the Indonesia Stock Exchange (IDX), Wednesday, March 24.

Previously, Rudy Tanoe owned 1,030,100 shares of ZBRA or 0.12 percent ownership. After this transaction, he owned 15,482,300 shares in the transportation service company.

The value disbursed by Rudy Tanoe in this action reached IDR 5.23 billion. Now he holds 1.82 percent of Zebra Nusantara's shares.