Business · Companies · 7 hrs ago
BSI Shareholders Approve Rights Issue of Up to 6.8 Billion Shares
Bank Syariah Indonesia shareholders approved a rights issue at an extraordinary meeting on November 6.
The Indonesian bank plans to issue up to 6.8 billion new Series B shares, each with a nominal value of 500 rupiah.
The rights issue gives existing shareholders the first chance to buy the new shares, including public investors.
BSI said the proceeds would strengthen its capital and support business growth.
The bank said it would use the money prudently and transparently, while its directors will decide details such as the share price, schedule and amount issued.
The final terms and use of the funds have not yet been set in the information provided.
Bank Syariah Indonesia shareholders approved a rights issue of up to 6.8 billion Series B shares.
The approval was passed by 99.60% of the votes cast by shareholders present at the meeting.
The shares have a nominal value of Rp500 each.
BSI said proceeds would strengthen its capital, expand business capacity and support its growth and business sustainability strategy.
Existing shareholders, including public shareholders, will have the first opportunity to take part.
- Who
- Bank Syariah Indonesia shareholders approved the plan. BSI management will oversee its implementation.
- What
- BSI received approval to issue up to 6.8 billion Series B shares through a rights issue.
- When
- The extraordinary shareholders' meeting was held on November 6, 2026.
- Where
- Not stated
- Why
- To strengthen BSI's capital, increase its business capacity and support its growth and business sustainability strategy.
This story does not have two clearly opposing sides.
BSI's extraordinary shareholders' meeting approved the rights issue.
CNBC Indonesia reported the approval and BSI's stated plans for the proceeds.
- Maximum new shares
- 6.8 billion Series B shares
- Nominal value
- Rp500 per share
- Approval vote
- 99.60% of votes cast by shareholders present
- Meeting attendance
- Holders of 43.53 billion shares, or 94.38% of shares with valid voting rights
- Intended use
- Strengthen capital, increase business capacity and support growth and business sustainability
What people are saying
The first opportunity to take part in the rights issue will be given to all existing shareholders, including public shareholders.
We are also committed to ensuring that the use of funds is prudent, transparent and accountable.