Targeting Sophisticated Investors—Private Placement Bond

One of the most important elements in the framework of the business development strategy of public companies (issuers) is the addition of capital. The addition of capital can be done in two ways, namely Capital Increase by providing Pre-emptive Rights and Capital Additions without Giving Pre-emptive Rights. Providing Rights is the same as Rights Issue, while without giving Rights can be equated with Private Placement. However, generally people are more familiar with calling private placement with the term Right Issue without Preemptive Rights. Arrangements regarding Preemptive Rights are regulated in POJK No.32/POJK.04/2015 concerning Addition of Company Capital By Providing Pre-emptive Rights, while without providing Preemptive Rights is regulated in POJK No.38/POJK.04/2014 concerning Capital Increase of Public Companies without Giving Pre-emptive Rights. The research method is used a normative juridical method. The research specifications are used descriptive-analytical. From the results of the study it can be concluded that the Capital Increase without Giving Preemptive Rights is carried out by PT. SLJ GLOBAL Tbk, by issuing new shares to creditors as a form of debt payment is one of the best ways for the Company. This method proved to be able to reduce debt and increase the paid up capital of the Company, as well as making the Creditor as a new shareholder. However, corporate action through the issuance of new shares without giving HMETD, so that there are additional new investors, resulting in a percentage share ownership of each of the existing shareholders has decreased. (Dilution).

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Private Placement and Rights Issue Cycles

SSRN Electronic Journal ◽

10.2139/ssrn.2719965 ◽

2016 ◽

Author(s):

Adrian Melia ◽

Howard Chan ◽

Paul Docherty ◽

Steve Easton

Keyword(s):

Private Placement ◽

Rights Issue

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Private Placements in the Capital Markets Union

10.1093/oso/9780198813392.003.0014 ◽

2018 ◽

Author(s):

Frank GB Graaf

Keyword(s):

Capital Markets ◽

Alternative Source ◽

Private Placement ◽

Private Placements ◽

Capital Markets Union

This chapter looks at recent initiatives in the context of the European Commission's flagship plans for a Capital Markets Union (CMU) designed to encourage a pan-European private placement market. In reality, private placements are mainly available as a funding tool for medium-sized and larger companies. Nonetheless, private placements are regarded by CMU's policymakers as an alternative source of long-term funding, which is simple enough for smaller corporates and small and medium-sized enterprises (SME), and with benefits that they might find attractive. The Commission's initial intention in the design of a CMU was to enable a greater use by SMEs of private placements.

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H2O completes private placement

Membrane Technology ◽

10.1016/s0958-2118(03)02014-7 ◽

2003 ◽

Vol 2003 (2) ◽

pp. 4-5

Keyword(s):

Private Placement

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Private Placement of Equity

Encyclopedia of Finance ◽

10.1007/0-387-26336-5_1601 ◽

2008 ◽

pp. 215-216

Keyword(s):

Private Placement

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Disclosure Costs, Regulation, and the Expansion of the Private-Placement Market: Professional Adaptation

Journal of Accounting Auditing & Finance ◽

10.1177/0148558x9501000103 ◽

1995 ◽

Vol 10 (1) ◽

pp. 40-42

Keyword(s):

Private Placement ◽

Disclosure Costs

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Sukuk (Obligasi Syariah) dalam Perspektif Keuangan Islam

Asy-Syari’ah : Jurnal Hukum Islam ◽

10.36835/assyariah.v5i2.120 ◽

2019 ◽

Vol 5 (2) ◽

pp. 165-179

Author(s):

Maula Nasrifah

Keyword(s):

Financial Institutions ◽

Capital Market ◽

Revenue Sharing ◽

Profit Sharing ◽

Mutual Respect ◽

For Profit ◽

Private Placement ◽

Proof Of Ownership ◽

Maturity Date ◽

The Future

Islam strongly encourages investment so that possessions can be productive and bring benefits in the future, of course, using a good and right way, which is in accordance with Islamic sharia, like mutual respect and does not harm others. The type of investment can be varied, we can invest through the capital market, one of which is sukuk. Sukuk are securities that are proof of ownership (claim) on assets, whether in the form of tangible, intangible or project contracts from certain activities that require the issuer to pay revenue-sharing to the Sukuk holders and pay back the Sukuk in maturity date. The principle in Sukuk transactions is in the form of emphasis on fair agreements, recommendations for profit sharing systems. In Sukuk transaction, a number of certain assets are needed which to used as the basis for conducting transactions using a contract based on sharia principles. The types of Sukuk in terms of Sukuk Ijarah, Sukuk Mudharabah, Sukuk Musyarakah, Sukuk Istishna’ with the method of issuing in bookbuilding, auction methods and private placement. In sukuk transactions there is a requirement for Underlying Assets as well as activities or processes which have been based in accordance with sharia. This shows that investing with sukuk is not worrying for investors who want to transact with sharia financial institutions. Keywords: Investing, Transaction, Sukuk

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Updating the International Seafarers' Code: Recent Developments

The International Journal of Marine and Coastal Law ◽

10.1163/157180897x00239 ◽

1997 ◽

Vol 12 (3) ◽

pp. 341-363 ◽

Cited By ~ 3

Author(s):

George P. Politakis

Keyword(s):

State Control ◽

Private Placement ◽

Hours Of Work ◽

Recent Developments ◽

Labour Standards ◽

Minimum Age ◽

Changing Practices ◽

Working And Living Conditions ◽

First Time ◽

Core Issues

AbstractMaritime labour matters have traditionally been of particular importance as far as the ILO's standard-setting function is concerned. To date, the ILO has adopted a total of 39 conventions and 30 recommendations-a body of labour standards known as the International Seafarer's Code-addressing the specific problems related to the working and living conditions of seafarers. The 84th (Maritime) session of the International Labour Conference, held in October 1996, undertook to revise core issues of this body of standards in the light of rapidly changing practices and needs of the maritime sector. This article traces briefly the negotiating history and highlights some of the most salient aspects of the new conventional instruments such as the setting of the minimum age for seafarers at 16 years, the adoption of a convention for the first time on labour inspection, the establishment of daily and weekly limitations on hours of work, the extension of port state control (as provided for in ILO Convention 147) in matters concerning hours of work and manning, or the recognition of private placement services for seafarers.

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