HomeNewsVideos

KREN will cooperate with Black Phanter Capital to attract Chinese investors

24 January 2020 06:26

JAKARTA - PT Kresna Graha Investama Tbk (KREN) is exploring the possibility to cooperate with Black Panther Capital (BPC), an investment company from China. They will form a joint venture, Kresna Panther Capital, which will invest in information technology (IT) in Indonesia.

As quoted from the company's disclosure, Michael Steven, Chief Executive Officer (CEO) of KREN said that his party would be more active in incubating new potential companies in the digital field. "The government has managed to make Indonesia an attractive investment destination in the field of technology," he said.

According to him, BPC will later play an active role in bringing Chinese investors to invest in the IT sector. (LK/AR)

© 2024 - IDN Financials - All Rights Reserved.