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Taking on digital business, Perma Plasindo to form a JV

10 October 2022 19:14

JAKARTA. PT Perma Plasindo Tbk (BINO), an office supplies manufacturer mostly known by its brand Bantex, has established a new joint venture (JV) titled PT Bino Digital Solusi.

Lie Fonda, Director of BINO, revealed that this joint venture was formed alongside PT SCCX Teknovasi Prima and PT Asta Nusantara Digital. “The purpose of the transaction is entering the digital technology sector through a new type of investment,” she explained in the information disclosure posted on Indonesia Stock Exchange (IDX).

Bino Digital Solusi is established with an authorised capital of IDR 2 billion and an issued and paid-up capital of IDR 1 billion. BINO controls 55% of the shares, while SCCX Teknovasi Prima has another 25%. Asta Nusantara Digital claims the 20%.

According to idnfinancials.com data, BINO has total assets of IDR 437.97 billion until June 30, 2022. Meanwhile, its total equity clocked up to IDR 335.52 billion. (KR/ZH)

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