SMRA – Prepares IDR700 bn capex

Capex Summarecon Agung (SMRA) which will be used for investment and acquisition of new land. One of the investments made is related to property development in Summarecon Villaggio Karawang and Summarecon Mall Bandung. To support this development, SMRA targets this year's presale of IDR5 tn which will be supported by landed house sales. (Source : Investor Daily)