Arwana Citramulia to allocate capex Rp 165 billion

PT Arwana Citramulia Tbk is allocating capital expenditure (capex) worth Rp 165 billion in this year. Chief Operating Officer (COO) Arwana Citramulia Edy Suyanto said the capital expenditure will be used for, among other things, expanding the new factory in Mojokerto. The expansion will be carried out at Plant 5B Mojokerto with a new capacity of 3 million square meters. This expansion is targeted to be completed by the end of 2020.

January 14 2020, Bisnis Indonesia - Read 80 times

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