- CLSA is the sole global co-ordinator and Joint bookrunner for a placement
in Delta Dunia (DOID IJ)
- Indicative deal terms, to be confirmed on books open, are as follows:
- Deal Type: Placement of Existing Shares
- Deal Size: approx 1.6bn shares with an upsize option of up to 980
million shares, approx 24%-38% of existing share capital
- Pricing: Price guidance will be given when books open
- Selling restrictions: Reg S and 144A
- Timetable:
Roadshows: Singapore 27, 28 Oct, HK 29, 30 Oct, UK 2, 3 Nov, US 4,5 Nov
[3] Nov - Books Open
[5] Nov - Books close
[6] Nov - Indicative Allocations (subject to successful acquisition of
Buma by Delta)
[9] Nov - Trade Date (Following acquisition of Buma by Delta)
[12] Nov - Settlement Date
- (North Star is expected to acquire approx [40%] of the company through
an additional old share placement)