Jakarta, CNBC Indonesia – A national entrepreneur who is also the Chairman of CT Corp, Chairul Tanjung revealed a number of plans to rescue the state-owned airline, PT Garuda Indonesia (Persero) Tbk (GIAA).
Chairul said CT Corp as one of the shareholders of the issuer codenamed GIAA is ready to increase capital if the restructuring process is completed.
“When finished, we plan to add capital to strengthen it,” said CT at the Indonesia Stock Exchange, Jakarta, Tuesday (11/1/2022).
CT said that currently the restructuring process for Garuda is still ongoing. Almost all creditors are ready to take part in the company’s Debt Payment Obligation Suspension (PKPU) process. Although there are several creditors from the lessor have not agreed.
“Garuda is in the process of restructuring, we’ll just have to wait. Those who are still moving back and forth are from the lesor,” he said after holding a press conference related to rights issue BBHI at the IDX building, Jakarta, Tuesday (11/1/2022).
According to him, soon the restructuring process will be completed. Thus, the execution of additional capital can be carried out immediately to save Garuda.
Not only adding capital, later, said CT, there will also be new strategic investors who will also enter Garuda Indonesia. It is estimated that the strategic investors will be airlines.
“That’s a discussion between the government and us. Later we plan to invite the strategic investor in the discussion stage,” he said.
(sys/vap)
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