JAKARTA, NYATALIVE.COM—PT Intikeramik Alamasri Industri Tbk (IKAI) has secured a working capital loan facility from PT Bank Mandiri (Persero) Tbk to accelerate business expansion and strengthen the performance of its subsidiaries.
IKAI Director Emirza Adi Wibowo stated that the funds will be used as working capital to support business development. The company is targeting organic growth of approximately 70 percent compared to the previous year’s results.
This expansion has been approved by shareholders through an Extraordinary General Meeting of Shareholders (EGMS), including the provision of a corporate guarantee for the subsidiary as part of strengthening the financing structure.
In addition to strengthening its capital, IKAI has also refreshed its board of commissioners by appointing Tedjodiningrat Broto Asmoro as a new Commissioner to support the implementation of better corporate governance.
Moving forward, IKAI will focus on strengthening its working capital and developing its Integrated Land Development business in 2026, followed by an optimization phase in 2027 before entering the expansion phase in 2028.
