PT Jakarta Tollroad Development announced that it expects to receive IDR 752.01 billion in funding from PT Pembangunan Jaya Ancol, Tbk, PT Jaya Konstruksi Manggala Pratama Tbk, PT Jakarta Propertindo, PT Jaya Real Property TBK, PT Pembangunan Jaya, and Pt Jaya Land
June 20, 2016
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PT Jakarta Tollroad Development announced a private placement of 114,596 series C shares at a price of IDR 6,562,254 per share for gross proceeds of IDR 752,008,059,384 on June 21, 2016. The transaction will include participation from existing investors, PT Jakarta Propertindo for 2,835 shares representing 3.177592% stake, PT Jaya Real Property TBK (JKSE:JRPT) for 33,064 shares representing 28.851974% stake, PT Pembangunan Jaya Ancol, Tbk (JKSE:PJAA) for 28,754 shares representing 25.150749% stake, PT Jaya Konstruksi Manggala Pratama Tbk (JKSE:JKON) representing 20.501848% stake for 23,493 shares, PT Pembangunan Jaya for 21,870 shares representing 18.266485% stake, and PT Jaya Land for 4,580 shares representing 4.049796% stake. The transaction has been approved by the shareholders of the company.
PT Pembangunan Jaya Ancol Tbk. is an Indonesia-based company, which is engaged in real estate development and services. The Company is engaged in business of real estate, including Marina Pier, and consulting services in the planning and development sector, tourism & recreation, hospitality, and sports facilities through its subsidiaries. The Company operates through six segments: Tourism, Property, Resort, Culinary and Meeting, Incentives, Conference & Exhibition (MICE). Tourism segment manages and develops a number of tourist attractions within the Ancol area, namely Parks and Beaches, Dunia Fantasi, Atlantis Water Adventures, Ocean Dream Samudra, Art Market, Ocean Ecopark, and Sea World Ancol. Property segment manages and develops residential areas in West and East Ancol areas with real estate residential concepts, namely Marina Coast Royal Residence, Marina Coast the Green, DeâCove, Northland Apartments, Coasta Villa, Jaya Ancol Seafront and Town House Marina Ancol.
PT Jakarta Tollroad Development announced that it expects to receive IDR 752.01 billion in funding from PT Pembangunan Jaya Ancol, Tbk, PT Jaya Konstruksi Manggala Pratama Tbk, PT Jakarta Propertindo, PT Jaya Real Property TBK, PT Pembangunan Jaya, and Pt Jaya Land