Oil and gas firm Medco Energi Internasional (MEDC) expects to raise Rp2.67 trillion from rights issue program for 4.45 billion new shares, representing 25% of enlarged capital. The Company has set the exercise prices of new shares at Rp450-600. This fund raise is targeted to be realized in December this year. MEDC will also issue 4.45 billion warrants priced at Rp500-850 scheduled for July 2018 to December 2020.To subscribe please click here