Cowell Development (COWL) Will Sell Atrium Senen Building

September 18, 2023, 08.53 PM | Reporter: Syamsul Ashar

ILUSTRASI. Pengunjung mengamati maket The Oasis Pinewood Residence milik PT Cowell Development saat REI Expo 2015 di Jakarta, Selasa (17/11). Hunian tapak Pinewood Residence adalah bagian dari proyek The Oasis Cikarang yang menawarkan pilihan mulai tipe 45, tiap unitnya dipasarkan mulai Rp 1,2 miliar sampai Rp 1,7 miliar. Dari 81 unit yang dipasarkan 50% nya sudah laku terjual. KONTAN/Cheppy A. Muchlis/17/11/2015

CORPORATE STRATEGIC - JAKARTA. Real estate issuer PT Cowell Development Tbk (COWL) is going to sell its ownership of Plaza Atrium Segitiga Senin, also known as Atrium Senen.

According to the disclosure of information, Monday (18/9), the transaction took place on August 16, 2023.

COWL's Corporate Secretary Pikoli Sinaga stated that Plaza Atrium Segitiga Senin was originally held by Euro Tanada.

The building management rights were then given to PT Bank QNB Indonesia Tbk (BKSW) and Qatar National Bank (Q.S.C) Singapore branch.

“The impact of this event is a significant decrease in COWL's revenue,” he said in the disclosure of information.

For your information, currently, COWL's stock trading is temporarily suspended by the Indonesia Stock Exchange (BEI).

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Editor: Syamsul Azhar