PT PP Properti Tbk (PPRO) has paid Rp400 billion to the Indonesian Central Securities Depository for payment of the 2016 PP Properti Bonds I Series B, which will mature on July 1, 2021.

"We remain committed to maintaining the confidence of investors holding bonds maturing this year, amid uncertain financial market conditions due to the COVID-19 pandemic which has been running for almost 1.5 years which has also disrupted the property sector," said PPRO Finance Director Deni Budiman in his statement, on Wednesday (30/6).

According to Deni, during the current pandemic, PPRO continues handing over finished units marketed in previous years, including Grand Sungkono Lagoon and Grand Dharmahusada Lagoon Surabaya, Grand Kamala Lagoon Bekasi, Begawan Apartment Malang, Amartha View & The Alton. Semarang Evinciio Depok, and The Ayoma Apartment Serpong.

PPRO also continues to carry out several particular strategies from the financial side, including