Announcement
09 Sep 2019
In September 2019, the government of Indonesia provided a capital injection of IDR 800 billion (USD 56.8 million) to PT Sarana Multigriya Finansial in the form of state equity participation to improve the company's capital structure and business capacity.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
09 Sep 2019
Revocation date:
No revocation date
Updated: 09 Sep 2019
Capital injection and equity stakes (including bailouts)
In force
On 9 September 2019, the Executive of Indonesia issued Government Regulation No.58/2019, providing a capital injection of IDR 800 billion (USD 56.8 million) to PT Sarana Multigriya Finansial (...
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