JAKARTA – Two palm oil companies, PT Transpacific Agro Industry (TPAI) and PT Global Kalimantan Makmur which are the subindustries of PT Provident Agro Tbk get loans from Bank Mandiri about Rp 16,488 billionsto enlarge palm oil plantations.
"The loan is investment credit of Kredit Usaha Rakyat (KUR) from Bank Mandiri,” the secretary of Provident Agro Devin, Antonsio Ridwan said as quoted from Rpublika, Sunday (29/6/2014).
The loan will be given to Kenten Mandiri Plasma Cooperation, which is managed by TPAI. (T3)
