Eagle High Plantations corrects disclosure on IDR 207.66 billion bond proceeds use
Bitget2026/10/12 12:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Eagle High Plantations issued a correction to its June 8, 2026 report on use of proceeds from a public offering.
- Gross proceeds from “Obligasi Berkelanjutan I Eagle High Plantations Tahap III Tahun 2025 Seri A” totaled IDR 210 billion; net proceeds IDR 207.66 billion.
- Net proceeds were fully used, leaving IDR 0 remaining; IDR 180 billion injected into PT MAJ to repay part of EXIM bank principal.
- The balance of IDR 27.66 billion was allocated to working-capital purchases, including CPO, FFB, fertilizer, fuel.
- Offering costs totaled IDR 2.34 billion, led by management fee IDR 945 million, underwriting fee IDR 315 million, selling fee IDR 315 million.
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 Eagle High Plantations Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32165891) on October 12, 2026, and is solely responsible for the information contained therein.
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