JAKARTA - PT Superkrane Mitra Utama Tbk (SKRN) has prepared a capital expenditure (capex) of Rp 150 billion for 2020. This figure doubled compared to this year's capex of Rp 70 billion.
Regarding sources of funds for capital expenditure, Superkrane will use a combination of external financing and internal funds. "For capex, Rp 150 billion will remain from finance. Maybe 20% to 30% from our internal funds,” said Yafin Tandiono Tan, President Director of Superkrane Mitra Utama during public expose.
The plan is that all capex funds will be used to buy cranes. There are 10 types of cranes that are likely to be purchased by Superkrane, but it will depend on market demand. Some cranes included in the purchase list are CKE-1800 180 Ton, Goldhofer with 31 Multiaxle and SR-300 Roughter Crane Kato. (LM)