Strengthening distribution, CLEO invests IDR 180 billion in SPS
20 Dec 2023 18:34
PT Sariguna Primatirta Tbk (CLEO), a manufacturer of packaged drinks, is injecting PT Sentralsari Primasentosa (SPS) with IDR 180 billion in capital to add 50 branches in 2024. The transaction value is around 13.93% of the company's total equity of IDR 1.29 trillion as of June 2023.