PT Metropolitan Kentjana Tbk Reports Earnings Results for the Nine Months Ended September 30, 2021

PT Metropolitan Kentjana Tbk is an Indonesia-based company engaged in the business of rental of property and sales of property. Its Rental property business, which is the main business, includes rental in Pondok Indah Mall (PIM), Pondok Indah Golf Apartment (PIGA), Pondok Indah Office Tower (PIOT), Pondok Indah Office Park (PIOP) and Service Residence Pondok Indah (SRPI). Its Sales of property business include sales of townhouses, and strata unit apartments. The Company carries out its business activity in two categories, such as residential and commercial properties and are located in Jakarta, Tangerang, and Batam Island. Commercial properties of the Company cover shopping malls, apartments, office buildings and hotels. The Company also has a hotel business through its subsidiary PT. Pondok Indah Hotel, which is operated using the chain of Intercontinental Hotel Group (IHG). Its subsidiaries include PT Bumi Shangril La Jaya and PT Pondok Indah Investment.