PT Pos Indonesia (Persero) officially recorded the Sustainable Public Offering for Sukuk Ijarah Phase I Indonesia Phase I Year 2024 amounting to IDR 1 trillion.
Meanwhile, Pos Indonesia launched three sustainable sukuk ijarah products.
First, the SIPOST01ACN1 sukuk with an emission of IDR 100 billion with an interest rate of 8.5 percent, SIPOST01BCN1 with an emission of IDR 750 billion and an interest rate of 9.75 percent and SIPOST01CCN1 with an emission of IDR 150 billion and a yield interest rate offered of 9.9 percent.
Pos Indonesia President Director Faizal Rochmad Djoemadi said this step was part of the company's efforts to strengthen its financial structure and support long-term business expansion and development plans.
Faizal said that his party had received an effective permit from the Financial Services Authority (OJK) officially on December 27, 2024. This recording reflects the company's ability and commitment to manage the company's finances in a transparent and sustainable manner.
"With the support of investors and the community, the Company hopes to continue to improve service quality and expand the Company's reach to make a positive contribution to the Indonesian economy," he said at a press conference, Friday, January 10.
Faizal explained that sukuk Ijarah was issued with the aim of obtaining funds that would be used for various corporate purposes, including infrastructure development, to carry out company work programs such as the development of business digitization of business companies developing the Customer Relations Management (CRM) system, improving IT Infrastructure and Digital Business Innovation.
In addition, Sukuk Ijarah will be used to increase the company's working capital to fulfill the company's business activities including operational expenses, marketing expenses, business development expenses for financial service activities, postal letter business activities and postal packages, and/or other burdens related to the company's business activities.
"So the first is indeed around Rp. 100 billion, we will use it to pay off principal debt, around 10 percent of the principal debt to PT Bank New Commerce. Then this Rp. 325 billion is what we need for capital expenditure," he said.
SEE ALSO:
-
| EKONOMI
Indonesia Bergabung BRICS, BEI Berharap Ada Aliran Dana Masuk ke Dalam Negeri
10 Januari 2025, 11:32 -
| EKONOMI
Kadin: Kenaikan PPN jadi 12 Persen Berdampak Psikologi pada Ekonomi di Daerah
10 Januari 2025, 11:05
Furthermore, Faizal said that more than 85 percent of this Rp325 billion would be used for IT and digitization.
While the rest will be used for operational costs.
"So this logistics is heavy a lot in contracts and logistics projects. Now to work on contracting and logistics projects we need initial capital. Because there are vendors, there are partners who ask to be paid injured money and so on. And coincidentally, our contracts and logistics projects in 2025 grew big," he said.
However, Faizal emphasized that the use of sustainable sukuk funds will not be spent in 2025 alone, but its use will also be used for investment in 2026.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
