Property developer Agung Podomoro Land (APLN) plans to pay off bonds worth Rp550 billion, for reducing its debt which reached Rp16.6 trillion per June 2019, consisting of a bank loan (Rp5.4 trillion) and bond debt (Rp4.7 trillion). ALN’s assets reached Rp28.8 trillion. Then the equity was Rp12.2 trillion.

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