Article: RIGHTS ISSUE OF PT BUDI ACID OVERSUBSCRIBED.

JAKARTA, July 20 Asia Pulse - The rights issue offer by publicly listed tapioca flour producer PT Budi Acid Jaya (JSX:BUDI) was oversubscribed with demand reaching Rp440 billion (US$48.4 million), exceeding its target of Rp369.45 billion.

Company Secretary Mawarti Wongso said the company will not increase the offer despite the strong ...

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