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Mayora Indah to Buy Land Sales for Factory Development

By administrator | July 3, 2018 | Consumer Goods.

Mayora Indah, Tbk (MYOR:IJ) is planning to buy land sales in Balaraja, Banten, whose currently owned by Tedjopratama Mandiri Gemilang and Lubuk Permata. This company plans to utilise this land for factory development regarding its plan to add three lines of biscuit products and 15 lines of water products. Through this new factory development, the company targets 8% YoY in 2025. Furthermore, the company has allocated IDR61.3Bn to buy these land assets.

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