JAKARTA. PT Valbury Sekuritas Indonesia (VSI) has been granted an investment worth IDR 400 billion from KB Securities, one of the giant security companies in South Korea. With this capital injection, VSI is now transformed into KB Valbury Sekuritas.
Benny Andrewijaya, President Director of Valbury Sekuritas Indonesia, said that this investment would put the company on the the list of top security enterprises based on capitalisation. With the investment from KB Securities, the Net Adjusted Working Capital (lit. Modal Kerja Bersih Disesuaikan/MKBD) of VSI will be above the IDR 500 billion category. It will match other massive security companies now that it owns a capital of IDR 869 billion.
With a more solid working capital, Andrewijaya believed that his company would be able to provide better services and facilities to its users. “In order to celebrate this rebranding, we even come up with special offers for users that want to open a margin account with the lowest margin interest rate in Indonesia, 11.9%,” he further announced in an official notice in Jakarta earlier today (14/2).
One of the transformation strategies includes adding more educational classes to enhance Indonesia’s financial literacy and upgrading the technology system to support one million application users of the company. (AM/ZH)