J Resources sign $40m loans with Exximbank and Permata
Thursday, June 11 2015 - 10:51 AM WIB
By Romel S. Gurky
IDX-listed PT J Resources Asia Pasifik Tbk announced on Thursday its subsidiaries have signed two loans worth US$40 million with two local banks Exximbank and PT Bank Permata Tbk.
The credit facilities signed on Wednesday will be used to strengthen the subsidiaries? working capitals.
The firm has several gold mines in Indonesia located in East Kalimantan, North Sulawesi and Gorontalo.
Editing by Johannes Simbolon