Lopal's Indonesian Subsidiary Liyuan Plans Capital Injection and Share Dilution to Welcome LGES as Investor

Published: Feb 26, 2025 09:56

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[Lopal: Subsidiary Liyuan (Indonesia) Plans Capital Increase and Share Expansion to Introduce Investor LGES] Recently, Lopal announced that its third-tier subsidiary, Liyuan (Indonesia), plans to increase capital and expand shares to introduce investor LGES. LGES intends to subscribe to 255,930.64 newly issued ordinary shares of Liyuan (Indonesia) for $15.97 million, obtaining a 20% equity stake after the completion of the new share issuance. Upon completion of the transaction, Liyuan (Asia-Pacific)'s shareholding in Liyuan (Indonesia) will decrease from 100% to 80%, but Liyuan (Asia-Pacific) will remain the controlling shareholder of Liyuan (Indonesia).

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