JAKARTA – PT Sat Nusapersada Tbk (PTSN), an electronic assembly company, looks for bank loans with a guarantee of over 50% of its net assets. This plan will be further discussed during the Extraordinary General Shareholders Meeting, whose date will be announced later.
“The company plans to perform a corporate action in the near future, which is the Extraordinary General Shareholders Meeting, with an agenda of asking directors’ approval regarding the credit facility requests to banks or other financing institutions,” Abidin Fan, President Director of Sat Nusapersada, confirmed in the information disclosure, quoted Tuesday (18/1).
During yesterday’s trading (17/1), PTSN’s stock trading frequency amounted to 319 times. It involved 727,100 shares that were closed at IDR 232 each after peaking at IDR 236 per share. In comparison, by the end of last week (14/1), the trading frequency reportedly reached 186 times, involving 1,063,500 shares that were closed at IDR 228 each. It once peaked at IDR 232 per share.
As of September 2021, PTSN’s total equity was reported to reach USD 86.96 million, while its total assets amounted to USD 158.76 million. Lastly, its short-term bank debts also reached USD 1 million. (LK/ZH)