JAKARTA, May 6, 2024 – PT Kobexindo Tractors Tbk (IDX: “KOBX”) strengthens its heavy equipment market penetration by collaborating with the financing institution PT Sunindo Kookmin Best Finance (SKBF) and the heavy equipment manufacturer Develon from South Korea, PT HD Hyundai Infracore Asia (HIA). The latest program from this collaboration is the Sesepuh Package, where consumers can own specific types of Develon heavy equipment with a down payment starting from 10%, an effective interest rate of 10% for 2-3 years, and a grace period of 3 months for installment payments, allowing consumers to start paying in the fourth month without additional charges, thus maximizing profits.