25 Feb 2021 11:59 (2 hari 13 jam lalu) -
JAKARTA (TheInsiderStories) – Sinarmas Land Ltd., a Singapore-based investment firm under Sinar Mas Group, has acquired three property companies in Indonesia worth Rp347.76 billion (US$24.84 million), the management announced on Feb. 24. These companies are PT Bhumindo Repenas Jayautama, PT Cibubur Permai Lestari, and PT Gunung Indah Permai Lestari. According to the director, Robin Ng Cheng Jiet,the company acquired Bumindo Repenas for Rp129.2 billion, Cibubur Permai of Rp145.33 billion, and Gunung Indah Permai for Rp73.22 billion. The transaction is paid in cash using internal cash. Apart from this transaction, the developer has added share ...