PT Shinta Utama announced that it has received IDR 69,834,000,000 in an equity round of funding on January 29, 2020. The transaction included participation from returning investor PT Sinar Mas Multiartha Tbk (IDX:SMMA). Post the transaction, the investor holds 799,152 shares for a nominal amount of IDR 399,576,000,000, and 99.89% stake in the company.