United Tractors Allocates USD800Mn Capex

United Tractors, Tbk (UNTR:IJ) has allocated capital expenditure (capex) amounting to USD800Mn (+39.13% YoY) in FY18. The source of capex will be coming from internal cash and bank loans. Of the total FY18 capex, United Tractors has allocated the biggest portion to its heavy equipment mining contractor subsidiary, Pamapersada Nusantara.To subscribe please click here