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Kian Santang Muliatama Lends Additional IDR 20 Billion to Kian Santang
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Kian Santang Muliatama Lends Additional IDR 20 Billion to Kian Santang
  • Kian Santang Muliatama extended an additional IDR 20 billion loan to Kian Santang on November 10, 2026.
  • Total lending reached IDR 25 billion, including IDR 5 billion provided on July 13, 2026.
  • The unsecured financing carries 9.5% effective annual interest and matures March 31, 2027.
  • Funding comes from internal cash to support the subsidiary's working capital and operations.
  • The loans represent 24.06% of the lender's equity; shareholder approval is not required for transactions with its 99.37%-owned subsidiary.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Kian Santang Muliatama Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32184729) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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