REAL will hold a prize draw to attract investors

27 April 2020 06:08

JAKARTA. PT Repower Asia Indonesia Tbk (REAL) will hold a prize draw for its shareholders, with a total prize value of billions of rupiah.

Rully Muliarto, Director of REAL, said that the prizes will be given to shareholders of the company with a stake of below 5%. This step, said Muliarto, is taken to stimulate the Indonesian capital market, since current capital market conditions are considered more lethargic, due to the corona (COVID-19) pandemic.

"We hope that the public can choose REAL shares one of their investment instruments," Muliarto said.

In the disclosure of information, Muliarto admitted that the company had obtained permits from various related agencies for the program. REAL will announce the program to the public on Thursday (30/4).

In addition, REAL's management claimed to remain optimistic about its sales target in 2020. For information, the company has targeted to record sales of Rp 72.92 billion this year. (KR/AR)

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