Recently, Moya Holdings presented at a SGX Catalist event after the completion of a rights issue that raised S$132.04 million.
By subscribing for excess rights, the Salim-controlled vehicle, Tamaris Infrastructure, upped its stake in Moya from 68.9% to 72.88%.
Tamaris contributed S$107,433,336 to the capital raised.
 Tamaris Infrastructure's entry into Moya.This is the fourth time that Tamaris has pumped capital into Moya:♦ In 2015, Tamaris took a placement at 200% above the market price. ♦ A year later, Tamaris took part in a rights issue carried out at market price ♦ In early 2018, Tamaris bought 200 million founders’ shares for S$20 million. |
Moya has kept up its outreach to the investment community and you can watch a video it presented at the Catalist event below.
There is a slide giving an update for Moya Bekasi and Tangerang water treatment plants' combined production, which has reached almost 1,545 liters per second in May.
Watch the video and learn why Tamaris reckons that it has seized one of the great investment opportunities in Indonesia -->