UPDATE 1-Astra shareholders approve rights issue


(adds details) JAKARTA, Dec 20 (Reuters) - Shareholders of Indonesia's leading auto maker PT Astra International on Friday approved the company's planned rights issue to raise about $158 million, partly to help retire some debt and pay a dividend. The rights issue is the largest new equity-raising capital exercise by an Indonesian company since the financial crisis in the late 1990's. "Astra will not pay a dividend next year. But it plans to pay a dividend in 2004 from 2003 net ...

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