Garuda Indonesia Secures Rp23.67 Trillion Capital Injection from Danantara

Tempo11-13

TEMPO.CO, Jakarta - PT Garuda Indonesia (Persero) Tbk has received a capital injection of Rp23.67 trillion from PT Danantara Asset Management (DAM). This decision was approved at an Extraordinary ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2583563339?lang=en_US&edition=fundamental","thumbnail":"https://statik.tempo.co/data/2025/09/25/id_1430380/1430380_720.jpg","is_english":true,"pubTime":"2025-11-13 15:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583563339","market":"sh","top_or_hot":-1,"title":"Garuda Indonesia Secures Rp23.67 Trillion Capital Injection from Danantara","media":"Tempo","content":"<div>\n<p>TEMPO.CO, Jakarta - PT Garuda Indonesia (Persero) Tbk has received a capital injection of Rp23.67 trillion from PT Danantara Asset Management (DAM). This decision was approved at an Extraordinary ...</p>\n\n<a href=\"https://en.tempo.co/read/2065341/garuda-indonesia-secures-rp23-67-trillion-capital-injection-from-danantara\">Source Link</a>\n\n</div>\n","source":"tempo_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Garuda Indonesia Secures Rp23.67 Trillion Capital Injection from Danantara</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGaruda Indonesia Secures Rp23.67 Trillion Capital Injection from Danantara\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-13 15:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://en.tempo.co/read/2065341/garuda-indonesia-secures-rp23-67-trillion-capital-injection-from-danantara><strong>Tempo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TEMPO.CO, Jakarta - PT Garuda Indonesia (Persero) Tbk has received a capital injection of Rp23.67 trillion from PT Danantara Asset Management (DAM). This decision was approved at an Extraordinary ...</p>\n\n<a href=\"https://en.tempo.co/read/2065341/garuda-indonesia-secures-rp23-67-trillion-capital-injection-from-danantara\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IDX.AU","symbol_name":"INTEGRAL DIAGNOSTICS LTD","start_time":0,"source_url":"https://en.tempo.co/read/2065341/garuda-indonesia-secures-rp23-67-trillion-capital-injection-from-danantara","article_id":"2583563339","we_media_id":null,"thumbnails":["https://statik.tempo.co/data/2025/09/25/id_1430380/1430380_720.jpg"],"rights":{"source":"tempo_highlight","url":"https://en.tempo.co/read/2065341/garuda-indonesia-secures-rp23-67-trillion-capital-injection-from-danantara","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2583563339","pubTimestamp":1763019563,"columns":[],"sourceInfo":{"source_id":"tempo_highlight","name":"Tempo"},"weMediaInfo":null,"summary":"TEMPO.CO, Jakarta -PT Garuda Indonesia  Tbk has received a capital injection of Rp23.67 trillion from PT Danantara Asset Management . This decision was approved at an Extraordinary General Meeting of Shareholders  held at the Auditorium of Garuda Indonesia Management Building, Tangerang, on Wednesday, November 12, 2025.\"With stronger capitalization, we can reinforce operational reliability, improve fleet readiness, and provide modern and reliable air transportation services for the public,\" said Garuda Indonesia's President Director, Glenny Kairupan, as quoted from a written statement on Thursday, November 13, 2025.The EGM was attended by shareholders representing 75.88 percent of the company's total shares. During the meeting, shareholders approved Danantara's capital injection through the Mechanism of Capital Increase without Preemptive Rights . The capital consists of a cash deposit of Rp17.02 trillion and a debt conversion of Rp6.65 trillion.","collect":0,"end_time":0,"defaultTopTitle":"tempo.co","property":[],"viewcount":null,"language":"en","relate_stocks":{"IDX.AU":"INTEGRAL DIAGNOSTICS LTD","BK7124":"保健护理服务","DAM":"VANECK DIGITAL ASSETS MINING ETF","IDX":"印度尼西亚ETF-Market Vectors"},"translate_title":"印尼鹰航获得Danantara 23.67万亿印尼盾注资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IDX.AU":1,"DAM":1,"IDX":1},"content_text":"TEMPO.CO, Jakarta - PT Garuda Indonesia (Persero) Tbk has received a capital injection of Rp23.67 trillion from PT Danantara Asset Management (DAM). This decision was approved at an Extraordinary General Meeting of Shareholders (EGM) held at the Auditorium of Garuda Indonesia Management Building, Tangerang, on Wednesday, November 12, 2025.\"With stronger capitalization, we can reinforce operational reliability, improve fleet readiness, and provide modern and reliable air transportation services for the public,\" said Garuda Indonesia's President Director, Glenny Kairupan, as quoted from a written statement on Thursday, November 13, 2025.\nThe EGM was attended by shareholders representing 75.88 percent of the company's total shares. During the meeting, shareholders approved Danantara's capital injection through the Mechanism of Capital Increase without Preemptive Rights (PMTHMETD). The capital consists of a cash deposit of Rp17.02 trillion and a debt conversion of Rp6.65 trillion.\n\n\n\n\n\n\n\n\n\nGlenny stated that this step is part of the company's ongoing revitalization and transformation program following a significant debt restructuring carried out a few years ago. With the additional capital, the state-owned airline plans to strengthen its financial structure, improve fleet readiness, and accelerate operational transformation, including at its subsidiary, Citilink.Of the total Rp23.67 trillion capital injection from Danantara, approximately Rp8.7 trillion (37 percent) will be used for Garuda Indonesia's working capital needs, such as aircraft maintenance and upkeep. Meanwhile, Rp14.9 trillion (63 percent) is allocated to support Citilink's operations, consisting of Rp11.2 trillion for working capital and Rp3.7 trillion for settling fuel purchase obligations to Pertamina for the period 2019-2021.The capital injection is carried out by issuing 315.6 billion Series D shares at an exercise price of Rp75 per share. \"This step also ensures that Garuda shares remain listed on the Indonesia Stock Exchange (IDX) and strengthen the company's financial position,\" said Glenny Kairupan.Editor's Choice: Garuda Indonesia: Citilink Receives Rp14.9 Trillion from DanantaraClick here to get the latest news updates from Tempo on Google News","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2583563339","isCrawlerRequest":true}