JAKARTA - PT Elang Mahkota Teknologi Tbk (EMTK) allocates Rp 650 billion for capital expenditure in 2019. The capital expenditure will be allocated mostly for the subsidiary PT Surya Citra Media Tbk (SCMA).
Vice President Director of PT Elang Mahkota Teknologi Tbk (EMTK) Sutanto Hartono, stated the capital expenditure will be used to develop the infrastructure of SCMA in several provinces. “The CapEx will be sourced from internal cash in EMTK group, SCMA and from hospital business.” he said.
According to Hartono, besides using capital expenditure to develop the infrastructure of SCMA, the company also try to build hospitals in Tangerang, Banten. The fund of this project will be taken from internal cash in EMTK group. (LK/W)