JAKARTA (Yosefardi) – PT Bali Towerindo Sentra Tbk (BALI) has secured loan of Rp315 billion from PT Bank Sinarmas Tbk with tenor of 60 months, used to fund its working capital.
BALI plans to build micro cellular towers across the country, mainly Jakarta, Depok, Bogor, Tangerang, and Bekasi.
PT Tigaraksa Satria Tbk (TGKA) also bags loan of Rp140 billion from its subsidiary, PT Blue Gas Indonesia. TKGA controls 75% stake in Blue Gas Indonesia.
While financing firm PT Intan Baruprana Finance Tbk (IBFN) plans to seek loan of Rp200-400 billion from foreign banks in early first half of this year, to fund its business diversification.