PT Ikuyo Indonesia announced that it will receive IDR 130,000,000,000 in funding from existing investor ikuyo Co.,Ltd. on November 24, 2021. Investor will increase stake from 87.75% stake to 98.16% stake. The amount of the capital after capital increase would be IDR 153,000,000,000. The transaction has been approved by the board of directors of the company. The transaction is expected to close on December 10, 2021.