Adhi Kartiko (NICE) Secures Rp100 Billion Loan from Bank UOB Indonesia
Mon 09 Feb 2026, 03:08 AM
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PT Adhi Kartiko Pratama Tbk (NICE) has once again secured additional funding to support its business operations. The company obtained a loan facility worth IDR 100 billion from PT Bank UOB Indonesia to strengthen liquidity and fulfill working capital requirements.
Director of Adhi Kartiko, Yeon Ho Choi, explained that the credit agreement was signed with Bank UOB on February 4, 2026. This loan facility carries an interest rate of COF (Cost of Funds) plus 1 percent per annum, with a term of 12 months from the date of the agreement signing.
"The credit facility will be used as a financing option for working capital," he stated.
Management emphasized that this direct bank loan does not require an independent appraiser or approval from a General Meeting of Shareholders, in accordance with the provisions of POJK 17/2020. Based on internal review, the credit facility does not have a material impact on the company's financial condition.
"This material transaction is not an affiliated transaction as defined in the Financial Services Authority Regulation Number 42/POJK.4/2020 regarding affiliated transactions and conflict of interest transactions," Yeon Ho Choi concluded.
Previously, on January 7, 2026, the company also secured a loan facility of IDR 100 billion from PT Bank SMBC Indonesia Tbk (BTPN), which was similarly allocated for working capital needs.
For information, PT Adhi Kartiko Pratama Tbk was established in 2008 and operates in the nickel mining sector through the exploration of laterite nickel. The company's mining area is located in Lameruru Village, North Konawe Regency, Southeast Sulawesi, strategically positioned near the coast and easily accessible from Kendari City
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