Selling Neo Soho Mall, APLN Pays Off Part of Debt to Bank Danamon

September 27, 2023

Jakarta, September 27th, 2023 - PT Agung Podomoro Land Tbk (“APLN” or the “Company”), through PT Tiara Metropolitan Indah (“TMI”), a controlled subsidiary of APLN, on 26 September 2023 sold its assets of Neo Soho Mall, Jakarta to PT NSM Assets Indonesia (“NSMAI”) at a price of IDR 1.44 trillion (including VAT) which is fair market value.

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