Oil and gas firm Medco Energi Internasional (MEDC) expects to raise Rp1.92 trillion from its planned rights issue at the current price (Rp2260 on Thursday). Siendy K Wisandana, Medco’s corporate secretary, said shareholders would also get 3 warrants for 1 new shares, but the rights issue would be launched after the Company split its stocks from current 341 billion units with ratio of 4-to-1.To subscribe please click here
