JAKARTA - PT Duta Bara Utama received a Rp 6.28 billion loan facility from PT Mitrabara Adiperdana Tbk (MBAP), which will be used as working capital. For information, Duta Bara Utama needs Rp 24.18 billion of working capital for its operations in Muara Enim, South Sumatra.
As quoted from the company's disclosure published on Thursday (3/26), Chandra Lautan, Corporate Secretary of PT Mitrabara Adiperdana Tbk (MBAP) said that MBAP currently has a 26% stake in DBU.
DBU has approval from the Governor of South Sumatra to produce 600,000 tons of coal in Muara Enim. (LK/AR)