22 Feb 2021 14:43 (2 hari 12 jam lalu) -
JAKARTA - PT Kuansing Inti Makmur (KIM), a subsidiary of PT Golden Energy Mines Tbk (GEMS), obtained a credit facility of IDR 100 billion from PT Bungo Bara Utama (BBU). This was conveyed by Sudin, the Corporate Secretary of PT Golden Energy Mines Tbk (GEMS) in an information disclosure quoted on Monday (22/2). He conveyed that the credit facility would be used by KIM for capital expenditures and development of coal mining infrastructure. "The loan period is valid until December 31, 2022 with an interest rate of 9.5% per year," he said. KIM and BBU are known to be located in Muara Bungo, Jambi. GEMS directly owns 99.9% of KIM's shares, whil ...