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Langgeng Makmur to Use Asset as Collateral
Bisnis Indonesia, page B2 (17-June-2006)
PT Langgeng Makmur Industri Tbk’s shareholders have agreed to use some of the company’s assets as collateral in order to obtain a new funding of at least Rp.55 billion. The fund will be used as capital to support and propel the projected 10 to 12 percent increase in business activities. The company has recently received funding approval extension by emitting medium-term bonds from PT Asuransi Jiwa Sequis Life, which are worth Rp.55 billion with 18 percent interest. In 2005, Langgeng Makmur booked Rp.262 billion of net sales, which was 11 percent higher than the amount the company booked in 2004.
Langgeng Makmur’s Public Exposé
www.suarakarya-online.com (1-January-2002)
PT Langgeng Makmur Industri Tbk plans to hold a public exposé on 18 December 2002 in the Sommerset Hotel, Surabaya. The public exposé is held to announce that the company is listing its shares in the Jakarta Stock Exchange.

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Mr. Hidayat Alim
Latest Updates 21-March-2024
Major Businessline : Plasticware; Aluminium cookware; Aluminium kitchenware

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