XL Axiata injected capital of IDR 17.95 billion for data center solution business
JAKARTA. PT XL Axiata Tbk (EXCL) has disbursed additional capital, worth IDR 17.95 billion, for PT Princeton Digital Group Data Centers (PDGDC), an associated entity that operates a data center business.
Ranty Astari Rachman, Corporate Secretary of EXCL, explained that the disbursement of funds was given after PDGDC received permission to increase in authorised capital and paid-up and issued capital. Currently, the company's paid-up and issued capital has increased by 3.53% to IDR 589.2 billion.
Rachman informed that currently EXCL owned 32.39% of PDGDC shares, with a value of IDR 190.85 billion. According to idnfinancials.com data, the previous total share ownership of EXCL in PDGDC was only 30% or IDR 173.9 billion.
In addition, 67.61% of PDGDC shares are controlled by Princeton Digital Group Pte. Ltd. The ownership value of this telecommunication company, registered in Singapore, is equivalent to IDR 398.36 billion. (KR/VA)