January 29, 2014 / 1:16 AM / 4 years ago

INDONESIA PRESS-Sentul City seeks external financing for 2014 capex-Kontan

Property developer PT Sentul City is seeking external financing totalling 600 billion rupiah ($49.22 million) for its 2014 capital expenditure of 1 trillion rupiah, said Investor Relations Officer Michael Tene.

The firm also plans to acquire a 35 percent stake in PT Bukit Jonggol Asri, owned by PT Bakrieland Development . (Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy.

$1 = 12190 rupiah Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu

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