Moratelindo Issue Bonds Worth IDR1Trn

By administrator | November 9, 2017 | Infrastructure Transportation.

PT Mora Telematika Indonesia (Moratelindo) will raise fresh fund through bond issuance worth IDR1trn. While the proceeds will be used for business expanding, such as: Java Submarine, International 3rd Route, Sumatra Submarine, Fiber to the home and to the building of 1 million home pass. All project are expected to be completed in 2019. On the other hand, this bond issuance as company practice became a public company, amidst its plant to listed its shares in Indonesia Stock Exchange (IDX) in 2019.

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