JAKARTA – PT Sariguna Primatirta Tbk (CLEO), a bottled water manufacturer, is seeking bank loan facility in order to reinforce its business.

Lukas Setio Wongso, Corporate Secretary of Sariguna Primatirta, claimed that the company will ask for its shareholders’ approval before executing said plan. “The company intends to submit most of assets to banks and other financial institutions,” he said, quoted today (11/1).

According to Wongso, the Extraordinary General Shareholders Meeting is scheduled to take place on January 25, 2022.

Until September 2022, CLEO’s equity reportedly reaches IDR 1.14 trillion, increasing from IDR 1 trillion in December 2021. It also owes PT Bank Negara Indonesia (Persero) Tbk (BBNI) a short-term debt worth IDR 77.20 billion. (LK/ZH)