JAKARTA - Shares of PT Adira Dinamika Multi Finance Tbk (ADMF) strengthened ahead of the issuer paying off its bonds that will mature on March 22, 2025.

In the afternoon session, Monday (3/3), ADMF shares strengthened 1.71% or IDR 150 to IDR 8,925 at 2 pm. In the opening trading session, the share price was at IDR 8,775. While the highest price was IDR 8,975 and the lowest was IDR 8,700 per share. The issuer's share price was reduced by 3.25% or IDR 300 to IDR 8,925 during last week (24-28).

Meanwhile, Veronika Dyah Puspitaningrum, Corporate Secretary of ADMF, said that the company will pay off its Shelf Registration Bonds V Phase III Year 2022 Series B IDR 830 billion and Shelf Registration Sukuk Mudharabah IV Phase III Year 2022 Series B IDR 49 billion.

The interest rate and profit sharing (ijarah) are IDR 11.62 billion and IDR 686 million, respectively. The bonds and Mudharabah Sukuk were issued on March 23, 2022. The bond interest rate is set at 5.6% per year. (LK/LM)