Erick Thohir Set to Inject Rp2tn into AJB Bumiputera

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Kamis, 1 Januari 1970 07:00 WIB

Erick Thohir, an Indonesian Tycoon, is widely known as a big fan of sports. He owned the minority share of NBA club Philadelphia 76ers, as well as Major League Soccer DC United. TEMPO/Budi Yanto

TEMPO.CO, Jakarta - Insurance company PT Asuransi Jiwa Bumiputera (AJB) has received a commitment of capital injection of Rp2 trillion which will be realized by March 2017.


“The investor is a consortium led by Erick Thohir, a commitment has been made, but I don’t know about the details yet,” AJB Bumiputera official Didi Achdijat said Wednesday at Wisma Bumiputera in Jakarta.


Didi said that the capital injection would provide sufficient cash for the company to fulfill its liabilities fall due in 2017. Moreover, the cash could be used in the coming years, due to investment.


As such, according to Didi, AJB Bumiputra sales scheme means that it don’t have to rely on right issue plan of PT Evergreen Invesco Tbk (GREN).


Didi explained that PT Bumiputera Properti Investama will buyout property assets belonging to three AJB Bumiputera’s subsidiaries worth Rp3.2 trillion.


According to Didi, restructuring scheme has been reported and approved by the Financial Service Authority (OJK). “It’s part of our primary duties to conduct holistic restructuring to enhance the company’s financial position and ensure smooth operations of the company.”


GHOIDA RAHMAH


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