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Thursday, May 12, 2011

Delta Dunia aims for $153 mln rights issue

Delta Dunia Makmur , Indonesia's second largest mining services firm, expects to raise 1.3 trillion rupiah ($152.5 million) from a rights issue in June this year, the firm said on Thursday. 

The firm aims to sell about 1.53 billion new shares, with part of the funds to be used for capital expenditure and paying the debt of unit Bukit Makmur Mandiri Utama (BUMA), it said in a statement published in the Bisnis Indonesia newspaper. ($1 = 8526.5 Rupiah). Source: Reuters

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