Matrix Concepts plans Islamic financial district in Jakarta with Salim Group

Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

KUALA LUMPUR:  Matrix Concepts Holdings Bhd is teaming with two Indonesian companies, among them a JV owned by Salim Group, to look into the possibility to develop an Islamic Financial District in Pantai Indah Kapuk 2, Jakarta. 

The company said on Tuesday it had inked an MoU with PT Bangun Kosambi Sukses (BKS) and PT Nikko Sekuritas Indonesia (NSI) to jointly undertake the project.

BKS is jointly owned by Agung Sedayu Group and Salim Group, which is involved in the property development of PIK 2 Sedayu Indo City Indonesia. NSI is an investment banking firm.

Matrix Concept said the MoU was to create a platform for the parties to commit their intention and to strengthen their mutual understanding to undertake the project.

“The proposed Islamic Financial District, is initiated by the Indonesian Government in their quest to position themselves as an Islamic Financial District in view of their large Muslim population,” it said.
Matrix Concept said the definitive JV would affirm its first step to establish its presence in Indonesia, being one of the biggest and growing markets in Asean. 
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