Automotive firm Indomobil Sukses Internasional (IMAS) plans to launch a rights issue in August this year, offering 1,2 billion new shares, representing 30.7% of its enlarged capital. As main shareholders (71.49% ownership), Gallant Venture will not exercise its portion, but transfer said right to PT Bina Raya Perkasa for 878.56 million shares.

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