13 Apr 2022 19:34 (1 tahun 1 bulan lalu) -
JAKARTA. PT Armada Berjaya Trans Tbk (JAYA) has granted a credit facility to one of its subsidiaries, PT Aman Bae Sentosa (ABS), capped at IDR 1.8 billion. Darmawan Suryadi, President Director of JAYA, claimed that the said loan was channelled out to fund the working capital of ABS. “With this affiliate transaction, as the subordinate company, ABS is expected to maximise its performance,” he added in the official release. Based on idnfinancials.com data, ABS is a company engaged in the real estate field since 2021. Approximately 99.99% of ABS is under the control of JAYA, as reported in December 2021. Then, ABS’s total assets reportedly rea ...