Zyrexindo obtains a demand loan facility of IDR 10 billion
JAKARTA – PT Zyrexindo Mandiri Buana Tbk (ZYRX), a computer assembly company, secures an additional credit facility worth IDR 10 billion from PT Bank Index Selindo (BIS). The said facility agreement is signed by debtor and creditor earlier today (11/4).
Evan Jordan, Corporate Secretary of Zyrexindo Mandiri Buana, mentioned that the said credit facility would be utilised to purchase raw materials for laptop manufacturing. “It is a demand loan (DL) facility, whose allocation has been set for the working capital by the creditor,” he confirmed.
As of December 2021, ZYRX reported short-term loan to BIS of IDR 25.14 billion, shifting from IDR 17.04 billion in 2020. In contrast, its long-term loan to BIS was depleted from IDR 16.64 billion in 2020 to IDR 14.20 billion in 2021. (LK/ZH)