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JTT Increased its Paid-up Capital for Storage Tank Capacity Expansion

29 June 2018

JAKARTA, June 29 2018 PT AKR Corporindo Tbk (IDX ticker code: AKRA.IJ) reported that PT Jakarta Tank Terminal ("JTT"), a joint venture between Royal Vopak and AKRA in Indonesia, has signed the deed to increase issued and paid up capital by Rp 81 billion today. Accordingly, JTT’s issued and paid-up capital increased from Rp 582.3 Billion to Rp 663.3 Billion. With the additional capital, JTT plans to build additional capacity of 100,400 cbm for storage of MOGAS, FAME (biodiesel), and Ethanol, as previously reported.

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