PT Komet Infra Nusantara announced that it will raise IDR 715,674,698,800 in an equity round of funding on August 18, 2020. The transaction will include participation from returning investors, PT Profesional Telekomunikasi Indonesia to retain its 99.99% stake in the company and PT Sarana Menara Nusantara Tbk (IDX:TOWR). The issued and paid up capital of the company will increase from IDR 890,707,488,400 to IDR 1,606,382,187,200 post closing of the transaction.