Progress of Multi Hanna Kreasindo’s factory construction in Lamongan, East Java

📊 IPO MHKI Multi Hanna Kreasindo Plc

All funds obtained from MHKI’s Initial Public Offering, net of securities issuance costs, will be used approximately 78.33% (Seventy-eight point three three percent) for the Company’s capital expenditure classified as Capital Expenditure (CAPEX).

With a division of approximately 60.32% (Sixty point three two percent), it is used for the capex of the Company’s new factory plan in Lamongan, East Java. Currently, the construction progress has begun, as seen in the video is an update on the Multi Hanna Kreasindo site work in Lamongan as of February 26, 2024.

Then around 39.68% (Thirty-nine point six eight percent) will be used for capex purchases at the Head Office.