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LIQUIDITY AND FUND RESOURCES
A Corporate liquidity is arisen from the need to finance investment and capital issue relevant to business development or investment in working capital. In property and real estate businesses, the corporate liquidity should be preserved due to :
- The corporate capacity for making land investment as a reserve of future project development,
- The corporate capacity to management of projects construction. Design, layouttype, size and implementation stages,
- A well managed marketing system will occur corporate regular income.
According to cover the liquidity in 2008, the company’s fund resources from routine income and allocated foreign loan that used for project development as agreed.
During 2008 the company has do financing for several projects located :
- La Foyer and La Primera both in west Surabaya ;
- Commercial land Gedangan which located in Sidoarjo ;
- Land development in Grand Permata Marina Sidoarjo and
- The Rich Pradah which located in Jl. HR Muhammad west Surabaya. More...