Heavy equipment distributor Intraco Penta (INTA) targets to raise Rp232.6 billion from rights issue of 1.1 billion new shares, representing 35% of enlarged capital, priced at Rp200 per unit. Each shareholder with 13 old shares will be entitled to buy 7 new shares. Alongwith INTA will also issue 756 million warrants priced at Rp250, to raise proceeds of Rp189 billion. PT Spallindo Adilong and PT Shalumindo Investama will not exercise their portions. They have tranferred their rights to Halex Halim (10%), Petrus Halim (60%), and Jimmy Halim (30%). As standby buyers, Halim family will absorb 391.5 new shares. INTA will use this fund to acquire 30% shares of PT Petra Unggul Sejahtera at Rp337.5 billion price.