Visit Notes
PP Properti (PPRO IJ): Leveraging JV scheme
PP Properti (PPRO IJ)
Analyst: Muhammad Abdul Aziz
Not rated
Leveraging JV scheme
• High-rise residence segment is main driver
• Maintaining capital expenditure by optimizing JV scheme
• Trying to catch up with new accounting standards
• Higher expectation in 2H19 after the end of the election series