JAKARTA: The manufacturer of bottled drink water brands, like Ades and Nestle Pure Life International, PT Akasha Wira International Tbk, has secured a loan from PT Bank Internasional Indonesia Tbk as much as IDR200 billion at maximum.
In the listed company\'s announcement on a information disclosure posted on Indonesia Stock Exchange\'s official site today, part of the loan which was signed on September 2 will be used to acquire assets of hair cosmetics company, PT Damai Sejahtera Mulia Tbk, valuing US$5 million. The amount is equivalent to IDR45 billion, according to the company\'s calculation.
"A total of IDR35 billion will be used to acquire assets of Damai Sejahtera," said the company.
The company will also use internal fund as much as IDR13.5 billion to support the acquisition plan.
Besides, the acquisition plan, the company will also use IDR70 billion of the bank loan for an investment purpose, repayment of long-term debt amounting IDR65 billion, the general expenses IDR15 billion, and the remaining IDR50 billion will be used as a working capital.(T03/NOM)
In the listed company\'s announcement on a information disclosure posted on Indonesia Stock Exchange\'s official site today, part of the loan which was signed on September 2 will be used to acquire assets of hair cosmetics company, PT Damai Sejahtera Mulia Tbk, valuing US$5 million. The amount is equivalent to IDR45 billion, according to the company\'s calculation.
"A total of IDR35 billion will be used to acquire assets of Damai Sejahtera," said the company.
The company will also use internal fund as much as IDR13.5 billion to support the acquisition plan.
Besides, the acquisition plan, the company will also use IDR70 billion of the bank loan for an investment purpose, repayment of long-term debt amounting IDR65 billion, the general expenses IDR15 billion, and the remaining IDR50 billion will be used as a working capital.(T03/NOM)
