JAKARTA, investortrust.id – PT Intikeramik Alamasri Industri Tbk (IKAI) has secured a working capital loan facility from PT Bank Mandiri (Persero) Tbk to support the development and strengthen the performance of its subsidiaries’ business lines.
IKAI Director Emirza Adi Wibowo stated that the facility will be used to improve and develop operations across all subsidiaries, thereby driving higher organic growth compared to the previous year.
“The purpose of this bank loan is to provide working capital to improve and develop operations across all our subsidiaries. Through this strategy, the company’s organic growth target is projected to increase significantly and exceed last year’s revenue, with a rise of approximately 70%,” said Emirza in an official statement.
According to him, this additional funding is part of the company’s strategy to strengthen its business fundamentals and accelerate business expansion by improving the performance of its subsidiaries. This move has also been approved by shareholders through an Extraordinary General Meeting of Shareholders (EGM), which authorized the company to issue a corporate guarantee to support the financing needs of its subsidiaries.
IKAI Chief Finance Officer Murwantoro Toroxandy stated that, as the parent company, IKAI has held an Extraordinary General Meeting of Shareholders (EGMS) to obtain approval for the issuance of corporate guarantees to its subsidiaries. “IKAI, as the holding company, has officially held an EGMS to grant authorization and approval for the company’s corporate guarantees to its subsidiaries,” he said.
Meanwhile, IKAI Corporate Secretary Winda Yohana emphasized that all administrative processes and information disclosure have been carried out in accordance with applicable regulations. “This approval of corporate guarantees is a demonstration of our commitment to transparency toward the public and regulators, while also ensuring that our subsidiaries have a solid financial foundation to pursue the 70% growth target,” said Winda.
Regarding this year, IKAI is currently undergoing a restructuring phase focused on strengthening working capital and establishing new revenue streams through Integrated Land Development, which encompasses land development, land rights management, utilities, and energy.
The company aims to enter the optimization phase in 2027 to maximize the performance of all business units before moving into the Expansion Phase, which is scheduled to begin in 2028. “With our improved foundation and the momentum we’ve built, we are committed to tangible and sustainable growth through disciplined execution, data-driven decisions, and measured risk management,” concluded Emirza.
Strengthening Corporate Governance
In addition to strengthening its funding structure, IKAI also refreshed its supervisory board through the Annual General Meeting of Shareholders (AGM) for Fiscal Year 2025, held on June 30, 2026.
At the AGM, IKAI appointed Tedjodiningrat Broto Asmoro as a new Commissioner, who will join Lead Commissioner William Daniel and Commissioner Bernardus Djonoputro.
IKAI Lead Commissioner William Daniel stated that Tedjodiningrat’s appointment is expected to strengthen the company’s oversight capabilities and create synergy with Bernardus Djonoputro, who has over 35 years of experience in urban planning, regional development, and infrastructure financing.
“He (Bernardus) previously led the Rebana Metropolitan Management Authority, one of the fastest-growing economic corridors in Indonesia, which is home to more than 10 million residents and encompasses an industrial area spanning 42,000 hectares,” said William.
