
Mandala Multifinance to issue bonus shares worth IDR 117.5 billion
Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion. Mahrus, Corporate Secretary of MFIN, said that the corporate action is intended as a means to adjust its paid-up capital to at least IDR 250 billion. This adjustment follows the Financial Services Authority Regulation (POJK) Article 72 regarding...