Property developer Lippo Karawaci (LPKR) expects to raise Rp11.23 trillion from offering 47.82 million new shares through a rights issue scheme, representing 67.74% of enlarged capital, priced at Rp235 per share. On Thursday (June 20), LKPR gained 1.89% to close at Rp324 per share. The stock has gained 27.5% year to date. Trading of rights is scheduled for June 27, 2019, to July 5, 2019.
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