Announced details
Airport ground-handling business; airport operations
CAU has already built up an operating track record at Halim Airport (number and scale: Not disclosed)
Konoike Transport provided CAU with a loan carrying rights to convert the principal into shares. Konoike Transport will be involved in business operations by providing expertise, dispatching specialist personnel and exercising its right to nominate directors. With regard to the capital relationship, the loan carries rights to convert the principal into shares in the future, but there is no disclosure that the conversion has been exercised.
Head office: Jakarta, Republic of Indonesia; representative: President Director Nano Aryono; established: 30 October 2024; business: airport ground-handling business
Halim Airport (eastern Jakarta, Republic of Indonesia)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Airport ground-handling business |
| Counterparty | PT Cardig Aviasi Utama（CAU） |
| Counterparty overview | Head office: Jakarta, Republic of Indonesia; representative: President Director Nano Aryono; established: 30 October 2024; business: airport ground-handling business |
| Relationship with the Company | Konoike Transport provided CAU with a loan carrying rights to convert the principal into shares. Konoike Transport will be involved in business operations by providing expertise, dispatching specialist personnel and exercising its right to nominate directors. With regard to the capital relationship, the loan carries rights to convert the principal into shares in the future, but there is no disclosure that the conversion has been exercised. |
| Launch date | As of 22 October 2026 (loan with share conversion rights executed) |
| Applicable area | Airport ground-handling business; airport operations |
| Location | Halim Airport (eastern Jakarta, Republic of Indonesia) |
| Usage history | CAU has already built up an operating track record at Halim Airport (number and scale: Not disclosed) |
Items this document does not state (10)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To accelerate the expansion of its overseas airport business amid expectations for growth in Indonesian air passenger and freight demand and the airport ground-handling market. Konoike Transport also cited CAU’s management team’s familiarity with the local market, its customer base and its operating track record at Halim Airport as reasons for its selection.