Trada Alam Minera (TRAM) targets to raise Rp6 trillion from its rights issue program, to offering 39.89 billion new shares through preemptive rights scheme, representing 80.43% of its enlarged capital. It also alongwith issue warrants 3,4 billion units. TRAM is set to expand its business by acquiring PT Semeru Infra Energi (Rp504.9 billion) and PT Black Diamond Energi (Rp99.9 billion).
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