PT Jaya Real Property, Tbk. announces an Equity Buyback for 50,000,000,000 shares, representing 0.82% of its issued share capital.
October 20, 2022 at 12:39 am EDT
Share
PT Jaya Real Property, Tbk. (IDX:JRPT) announces a share repurchase program. Under the program, the company will repurchase up to 50,000,000,000 shares, representing 0.82% of it's issues shares.
The program will run over a period of three months, until January 13, 2023.
PT Jaya Real Property Tbk is an Indonesia-based property development, management and investment company. The Companyâs segments include sales of land and building, and rental and building maintenance services. The sales of land and building segment includes the sale of land and building businesses in real estate, urban development (urban development), the release/purchase, processing, maturation, and development of facilities and infrastructure. The rental and building maintenance services segment includes leasing of shopping centers, hotel, ice rink, water park and areas of the city and water management. Focused primarily on South Jakarta and Tangerang, its diversified portfolio encompasses landed residential developments, condominiums, mixed-use superblocks, shopping centers, hotels and a hospital, as well as toll roads and clean water distribution. It has about five landed residential projects in Indonesia. It operates about six superblock and condominium projects in Indonesia.
PT JAYA REAL PROPERTY, TBK. 
