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Ciputra Residence Secures Rp 350 Billion Loan
Ciputra plans to use the funds to expand on its residential projects.
Bareksa•02 Juli 2014
Bareksa•02 Juli 2014
Ciputra plans to use the funds to expand on its residential projects.
Bareksa.com - Ciputra Residence, the subsidiary of listed property giant Ciputra Development, has secured a Rp 350 billion ($29.4 million) loan from Bank Mandiri to finance new projects across the country.
The loan will be due in one year and is revolving in nature, according to a press statement obtained by the Jakarta Globe on Tuesday.
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