JAKARTA. PT Rig Tenders Indonesia Tbk (RIGS), through one of its subsidiaries, PT Batuah Abadi Lines (PTBAL), has secured a new additional vessel to its fleet.

Kartika Hadi, President Director of RIGS, mentioned that PTBAL is the party that acquires the asset, in the form of a vessel titled Tug Boat PEC 2416. The acquisition is led by PTBAL alongside PT Dok Pendingin, a vessel service and manufacturer service provider.

“The acquisition of Tug Boat PEC 2416 will grant positive impact on operational and financial conditions of the company, through increased assets and revenue in the future to meet the ever-increasing demand,” added Hadi in the information disclosure in Indonesia Stock Exchange (IDX).

According to IDNFinancials data, RIGS reported cash and cash equivalent of IDR 267.02 billion as of June 30, 2024. Total assets were at IDR 774.12 billion, while total equity was recorded at IDR 758.20 billion. (KR/ZH)