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Gudang Garam GGRM Pours IDR 1 Trillion for Kediri Airport : Okezone Economy

JAKARTA – PT Gudang Garam Tbk (GGRM) again poured a jumbo fund of Rp. 1 trillion to PT Surya Dhoho Investama (SDHI) related to the construction of an Integrated Airport in Kediri, East Java.

The additional funds deposited by Gudang Garam through the acquisition of new shares issued by SDHI in the amount of 1 million shares with an additional capital deposit of Rp. 1 trillion so that the issued and paid-up capital of SDHI which was originally Rp. 5 trillion to Rp. 6 trillion as stated in the decision outside the General Meeting of Shareholders. Shares (Circular Decision) SDHI dated 17 September 2021.

“The issued and paid-up capital will be paid in stages with an initial deposit of Rp. 100 billion on September 20, 2021 and the rest will be paid in stages for the whole no later than December 2021,” GGRM’s management said in a statement quoted in an information disclosure, Jakarta, Sunday (19/9). /2021).

Also Read: Build Dhoho Airport in Kediri, Gudang Garam Estimates New 50 Years Return of Investment

The affiliate transaction which aims to increase SDHI’s capital is carried out to support the continuation of the development process of the Integrated Airport in Kediri, East Java which was built by the Company through SDHI.

As is known, the construction of Dhoho Airport began on April 15, 2020 and it is estimated that the construction of this airport will be completed within 2.5 years.

In the early stages, Dhoho Airport will be built with an area of ​​13,558 square meters of the total airport land area of ​​321 hectares, with runway dimensions of 3,300 meters x 45 meters, and can accommodate 1.5 million to 2.5 million passengers per year.

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