06 Jul 2022 06:14 (1 tahun 5 bulan lalu) -
JAKARTA – PT Sinar Mas Agro Resources and Technology Tbk (SMAR) spends IDR 36 billion to extend the lease period of a palm oil refinery facility in Belawan, North Sumatra, to another five years. In the information disclosure quoted Wednesday (6/7), it is revealed that said palm oil refinery plant belongs to PT Ivo Mas Tunggal (IMT), which is located on Belmera Baru II Street, Belawan, Medan. The signing of this lease agreement took place last week (1/7), effectively extending the lease period from July 1, 2022, to June 30, 2027. The annual lease of this factory in Belawan costs SMAR IDR 7.2 billion per year. Cumulatively, the leasing cost f ...