Intan Baru Prana Tbk 2018 AR2
The report highlights PT Intan Baruprana Finance Tbk's performance and strategic transition during 2018, themed 'A New Beginning.' The company successfully resolved its financial restructuring and exited the Suspension of Debt Payment Obligations (PKPU) scheme following a court-approved settlement agreement on April 10, 2018. To streamline operations, the company closed its Sharia Business Unit in December 2018 to focus on its core heavy equipment financing business. Despite a 10% decrease in total assets to Rp 1.903 trillion, the company strengthened its capital structure through debt-to-equity conversions and a rights issue, resulting in a 208% increase in total equity to Rp 393.34 billion.
Company: Intan Baru Prana Tbk
Sector: Business support services
Country: Indonesia
Year: 2018
Type: AR2
Pages: 235
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Intan Baru Prana Tbk
Annual Report
The report highlights PT Intan Baruprana Finance Tbk's performance and strategic transition during 2018, themed 'A New Beginning.' The company successfully resolved its financial restructuring and exited the Suspension of Debt Payment Obligations (PKPU) scheme following a court-approved settlement agreement on April 10, 2018. To streamline operations, the company closed its Sharia Business Unit in December 2018 to focus on its core heavy equipment financing business. Despite a 10% decrease in total assets to Rp 1.903 trillion, the company strengthened its capital structure through debt-to-equity conversions and a rights issue, resulting in a 208% increase in total equity to Rp 393.34 billion.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees