JAKARTA – PT Berlina Tbk (BRNA), a plastic packaging manufacturer, acquired a loan facility of IDR 187 billion from PT Dwi Satrya Utama (DSU), its ultimate shareholder, which will be gradually channelled out until 2025. Pujihasanah Wijaya, President Director of Berlina, confirmed the news in the information disclosure quoted Monday (31/1).
According to Wijaya, the said facility will be utilised as extra operational funds for the company, as stated in the agreement with the bank. “The pandemic for the last two years has affected the company’s revenue. The bank then approved the alteration of the facility regarding the loan agreement extension along with updating the terms and conditions of the agreement,” she explained.
The recent loan facility will be available starting this year until December 31, 2030, and is equipped with a 7.5% interest rate per year. The said interest is deemed reasonable as it still arrives at the range of existing interest rates in the market of approximately 5%-16.94% per year.
BRNA’s authorised capital amounts to IDR 75 billion with an issued and paid-up capital of IDR 48.95 billion. DSU claims 54.57% of the shares, followed by Lisjanto Tjiptobiantoro of 5.08%, Atmadja Tjiptobiantoro 2.06%, Komodo Fun 10.46%, and the public (below 5%) 27.83%. (LK/ZH)