Multitrend Indo corrects right issue proceeds report, shows IDR 0 remaining funds

Bitget2026/09/29 08:59

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PT Multitrend Indo issued a correction to its July 14, 2026 report on the use of right issue proceeds.
The BABY-R right issue was effective April 16, 2026, raising gross proceeds of IDR 140.77 billion.
Net proceeds totaled IDR 138.46 billion, fully used with no remaining funds reported.
Most of the net proceeds, IDR 130.00 billion, went to acquire shares in PT Emway Globalindo.
The balance, IDR 8.46 billion, was allocated to working capital for adidas Kids and Puma Kids operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Multitrend Indo Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32161798) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Multitrend Indo corrects right issue proceeds report, shows IDR 0 remaining funds

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