JAKARTA. PT Champ Resto Indonesia Tbk (ENAK), the managing company of various restaurant chains in Indonesia, has secured a credit facility from PT Bank Central Asia Tbk (BBCA) with a maximum credit of IDR 375.08 billion.

Christopher Supit, Director of ENAK, confirmed that his company signed a credit agreement last Friday (18/8). In said contract, the company is said to receive 4 types of credit facility.

Those facilities granted by BCA for ENAK consist of local credit facility of IDR 10 billion, seasonal loan of IDR 16.5 billion, instalment loan facility of IDR 3.5 billion, and investment credit facility of IDR 345.08 billion.

“Said facility is intended to support the business activities of the company,” Supit mentioned in the information disclosure in Indonesia Stock Exchange (IDX).

According to IDNFinancials data, ENAK recorded cash and cash equivalent of IDR 45.25 billion in June 2023. Total assets were recorded at IDR 873.47 billion, while its total equity clocked up to IDR 272.86 billion. (KR/ZH)