PT Megapower Makmur Tbk (IDX:MPOW) announced a private placement of 77,614,720 shares at a price of IDR 100 per share for gross proceeds of IDR 7,761,472,000 on May 15, 2019. Post the completion of the transaction, The issued and the paid-up capital of the company will increase 898,696,758 shares or IDR 89,860,000,000.