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MDKA - Discloses IDR506.6 bn affiliate transaction between subsidiaries
04 Oktober 2024
MDKA - Discloses IDR506.6 bn affiliate transaction between subsidiaries MDKA disclosed an affiliate transaction involving its subsidiaries, Merdeka Mining Servis (MMS) and Sulawesi Cahaya Mineral (SCM), which is controlled by MBMA. MMS will provide construction and mining services to SCM, with a total project value of IDR506.6 bn, of which MMS’s portion is IDR79.6 bn. (Source : Company) Company: This transaction helps improve operational synergies, and how efficiently it is managed will be key to its success.