Rights Issue I
On April 26, 2000, the Company conducted the Extraordinary General Meeting of Shareholders with a decision to increase the authorized capital from Rp. 10.000.000.000,- (ten billion Rupiah) to Rp. 40.000.000.000,- (forty billion Rupiah). In association with this authorized capital increment, the shareholders also agreed upon First Rights Issue plan that offered maximum 15.000.000 (fifteen million) registered common shares with a nominal of Rp. 1.000,- (one thousand Rupiah) per share. Every shareholder who owned 2 (two) shares was entitled of 3 (three) Preemptive Rights to purchase 3 (three) new shares with a nominal of Rp. 1.500,- (one thousand five hundred Rupiah) per share. All shares that was offered in this First Rights Issue in order to publish Preemptive Rights, were all new shares issued from the Company's Portfolio and will not be listed in any Stock Exchange.
Rights Issue II
The Company conducted the Second Rights Issue on July 2002 in order to publish Preemptive Rights of 240.000.000 (two hundred forty million) registered common shares to all shareholders and a nominal value of Rp. 100,- (one hundred Rupiah) per share. Each share was offered Rp. 105,- (one hundred and five Rupiah) which made the total value of Rp. 25.200.000.000,- (twenty five billion two hundred million Rupiah). Every shareholder who owned 5 (five) shares, was entitled for 3 (three) Preemptive Rights and every shareholder who held 1 (one) Preemptive Rights, was entitled to purchase 1 (one) new share with a nominal of Rp. 105,- (one hundred and five Rupiah) per share.
Rights Issue III
On October 2004, the Company conducted the Third Rights Issue in order to publish Preemptive Rights of 512.000.000 (five hundred and twelve million) registered common shares to all Company's shareholders with a nominal value of Rp. 100,- (one hundred Rupiah) per share, which were offered in the price of Rp. 125,- (one hundred twenty five Rupiah) per share and the total value of Rp. 64.000.000.000,- (sixty four billion Rupiah). Every shareholder who owned 5 (five) shares were entitled for 4 (four) Preemptive Rights to buy 4 (four) new shares with a nominal value of Rp. 100,- (one hundred Rupiah) per share, which were offered in a price of Rp. 125,- (one hundred twenty five Rupiah) per share.
Rights Issue IV
Based on the Extraordinary General Meeting of Shareholders on June 30, 2008, the Company got the shareholders' approval to conduct the Fourth Rights Issue and to publish Preemptive Rights of 270.000.000 registered common shares with total investment of Rp. 67.500.000.000,- (sixty seven billion and five hundred million Rupiah). In this Fourth Rights Issue, Independent News Media Group (INM Group) with total investment of Rp. 42.500.000.000,- (forty two billion and five hundred million Rupiah) and Recapital Advisor with total investment of Rp. 25.000.000.000,- (twenty five billion Rupiah) were performed as stand-by buyers. The total investments will be used for Company's business expansion through the acquisition of PT. Praisindo Teknologi (Rileks.com) and PT. Radionet Cipta Karya (Prambors Radio, Delta FM dan Female FM), in the form of material transactions. The total value of those acquisitions was Rp. 32.500.000.000,- (thirty two billion and five hundred million Rupiah).
Shareholders also agreed to increase Company's investment for its subsidiary companies; PT. Republika Media Mandiri (Harian Umum Republika) and PT. Avabanindo Perkasa (Mahaka Advertising). The total increment of Company's investment for both subsidiaries was Rp. 20.000.000.000 (twenty billion Rupiah). The remain investment of this Fourth Rights Issue was Rp. 15.000.000.000,- (fifteen billion Rupiah) which will be used for Company's working capital.
Rights Issue V
In the Extraordinary General Meeting of Shareholders that was held on June 29, 2010, shareholders had approved to conduct the Fifth Rights Issue in order to publish Preemptive Rights of 1.333.125.000 (one billion three hundred thirty three million one hundred twenty five thousand) registered common shares with total investment of Rp. 139.978.125.000,- (one hundred thirty nine billion nine hundred seventy eight million and one hundred twenty five thousand Rupiah) which was offered Rp. 105,- (one hundred and five Rupiah) per share. Garibaldi Thohir was performed as a stand-by buyer who will purchase the remain of Preemptive Rights that has not been purchased for maximum 1.000.000.000 (one billion) shares; as well as PT. Wahana Makmur Sejati that will purchase the rest of Preemptive Rights for 333.125.000 (three hundred thirty three million and one hundred twenty five thousand) shares.
The total investment from this Fifth Rights Issue will be used for Company's business expansion through the acquisition of PT. Adhara Dhanapa Mahardhika (the holding company of Golf Digest Indonesia and Parents Indonesia) and PT. Emas Indonesia Duaribu (Harian Indonesia); shares participation of PT. Radio Attahiriyah (98.7 Gen FM) dan PT. Suara Irama Indah (101 Jak FM), and PT Danapati Abinaya Investama (Jak TV), with total material transactions of Rp. 112.028.125.000,- (one hundred twelve billion twenty eight million and one hundred twenty five Rupiah). The investment will also be used to increase Company's investment for PT. Republika Media Mandiri (Harian Republika).