PT Jaya Real Property,Tbk announced that it has received IDR 144.03 billion in funding from PT Mandiri Sekuritas.
January 07, 2015 at 11:00 pm
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PT Jaya Real Property,Tbk. (JKSE:JRPT) announced a private placement of 141,900,000 treasury shares at IDR 1,015 per share for gross proceeds of IDR 144,028,500,000 on January 8, 2015. The transaction included participation from PT Mandiri Sekuritas.
On January 8, 2015, PT Jaya Real Property,Tbk closed the transaction.
PT Jaya Real Property Tbk is an Indonesia-based property development, management and investment company. The Companyâs segments include sales of land and building, and rental and building maintenance services. The sales of land and building segment includes the sale of land and building businesses in real estate, urban development (urban development), the release/purchase, processing, maturation, and development of facilities and infrastructure. The rental and building maintenance services segment includes leasing of shopping centers, hotel, ice rink, water park and areas of the city and water management. Focused primarily on South Jakarta and Tangerang, its diversified portfolio encompasses landed residential developments, condominiums, mixed-use superblocks, shopping centers, hotels and a hospital, as well as toll roads and clean water distribution. It has about five landed residential projects in Indonesia. It operates about six superblock and condominium projects in Indonesia.