Triputra Agro Persada Secures Significant Credit Facility from CIMB Niaga

Enhanced Working Capital Management

PT Triputra Agro Persada Tbk (TAPG), an Indonesian agribusiness company, has successfully obtained an additional credit facility amounting to Rp 300 billion from PT Bank CIMB Niaga Tbk. The credit agreement was formalized on December 19, 2025, as disclosed in the company's information disclosure dated December 22, 2025.

Transaction Details and Purpose

The credit facility is specifically designated as working capital for TAPG's subsidiary, PT Agro Multi Persada, and its related entities. With this addition, the total credit limit available to the group now stands at Rp 300 billion. The arrangement was made to support the company's operational needs and enhance its financial flexibility.

Corporate Statement and Impact Assessment

According to Joni Tjeng, Corporate Secretary of TAPG, the company does not anticipate any material impact from this credit facility arrangement. The statement reflects the company's confidence in managing its financial obligations and maintaining stability in its operations.

Market Context and Implications

This credit facility from CIMB Niaga underscores the banking sector's continued support for Indonesia's agribusiness sector. For TAPG, the additional working capital is expected to enhance operational efficiency and potentially support future expansion plans. The transaction highlights the importance of banking-agribusiness collaboration in driving sector growth.