JAKARTA – Ferdinandus Soleh Dahlan has injected IDR 40 billion into PT Dafam Mambo International (DMI), a subsidiary of PT Dafam Property Indonesia Tbk (DFAM). This plan will be approved by shareholders at an Extraordinary General Meeting of Shareholders (EGMS) on March 21, 2025.

Billy Dahlan, President Director of DFAM, stated that the loan facility would be used to repay a loan from PT Bank Maybank Indonesia Tbk (BNII).

"Ferdinandus Soleh Dahlan is the Chief Commissioner of DFAM, who also holds indirect shares in the company," he said, as quoted in a disclosure on Friday (28/2).

The interest rate on the loan from Ferdinandus Soleh Dahlan to DMI is set at 7.5% per annum. This loan is expected to provide cost savings and a lower interest rate compared to that of BNII.

DMI will pay the principal and interest of IDR 64.69 billion to BNII. In 2016, DMI obtained a loan facility of IDR 50 billion from BNII with an interest rate of 10.5% per annum.

As of October 31, 2024, the outstanding loan balance was IDR 36.77 billion, which is due on 25 March 2025. (LK/ZH)