B-LOG Subsidiary Secures Additional Rp100bn Credit Facility From BCA for Cold Storage Expansion

PT Simpan Sini Aja, the smart cold storage subsidiary of Indonesia-listed logistics company B-LOG (Trimitra Trans Persada), has secured an additional Rp100 billion investment credit facility from Bank Indonesia Raya. The agreement was signed on 10 November and disclosed publicly on 12 November. The facility includes sublimits for truck and minibus refinancing and forklift purchases, and will fund operations, land acquisition, warehouse construction and equipment refinancing.

The company operates more than 3,500 vehicles across 125 points and opened four smart cold storage sites during 2026, booking Rp732.9 billion in revenue in the first half of the year with 9 percent profit growth, against a debt-to-equity ratio of 0.6.

The financing is part of a broader pattern of debt-funded cold chain build-out in Indonesia, which includes foreign investment into the sector this year. New warehouse capacity typically converts into demand for operational systems as sites come online: warehouse management, temperature monitoring, fleet telematics and the document flows around storage-in and release. The disclosure itself notes the transaction has no material immediate impact, indicating a phased build rather than a single expansion.