Transkon Jaya (TRJA) Prepares Capital Expenditure of IDR 100 Billion

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15 Mar 2021

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Transkon Jaya Tbk, a vehicle rental company, is targeting a capital expenditure of IDR 100 billion for the purchase of new vehicles to be rented out. The company continues its expansion in 2021 as the economy recovers.

Rex Alexander Joseph Syauta, Corporate Secretary of Transkon Jaya, revealed that the company has allocated an estimated IDR 100 billion for the purchase of new vehicle products to be rented out, specifically light trucks and light buses.

“In addition, the company is also focusing on allocating the purchase of spare parts and vehicle accessories that are in accordance with the type of product and mining location standards,” he said in a disclosure, quoted on Monday (15/3/2021).

On the other hand, there were some existing customers who, in the previous period, restrained the cost of rejuvenation or replacement of vehicles, but now, they have replaced old vehicles.

Thus, until now, TRJA has approximately 2,000 vehicle units, with an addition of approximately 40 units every month.

The company is also collaborating with new customers for projects operating on Halmahera Island, North Maluku Province, since early February 2021.

“Transkon Jaya also continues to monitor the potential increase in demand for vehicle rentals based on the macroeconomic conditions and continues its expansion strategy in 2021, both geographically, industrially, and in terms of vehicle types,” he explained.

Source : https://market.bisnis.com/read/20210315/192/1367537/transkon-jaya-trja-siapkan-belanja-modal-rp100-miliar