JAKARTA. PT M Cash Integrasi Tbk (MCAS) has just provided fresh funds to its subsidiary, PT Digital Maxima Karunia (DMK) which was previously named PT Mcash Nasional Indonesia (MNI).
This was conveyed by Rachel Stephanie M.S., Director & Corporate Secretary of MCAS, through an information disclosure on Indonesia Stock Exchange (IDX) today. The additional capital made MCAS's total share ownership in DMK amounted to 62% with a value of IDR 6.2 billion.
"This transaction supports the company's business activities and there are no other impacts related to this transaction," said Stephanie.
According to idnfinancials.com data, as of September 30, 2020, MCAS controlled 80% of MNI shares. The total assets of MNI itself were recorded at IDR 510 million. (KR/VA)