Mega Manunggal Prepares IDR1.3Trn Investment for Warehouse Expansion

Mega Manunggal Property, Tbk (MMLP:IJ) plans to build two or three warehouse in FY18, with 100,000 square meters of net lease able (NLA). Therefore, the company prepares IDR1.3Trn investment, with source of investment will come from internal cash and bank loans. This expansion plan is in line with the targeted FY18 amounting to IDR200Bn, and targeted EBITDA margin of 70%.To subscribe please click here