PT Mitragama Intiperkasa announced a private placement of 3,600 common shares at IDR 1,000,000 per share for gross proceeds of IDR 3,600,000,000 on March 30, 2016. The round included participation from existing shareholders according to their respective stakes in the company. Returning investor, PT Binakarya Jaya Abadi Tbk subscribed 1,296 shares to maintain its stake at 36% in the company.