Arsip: July 2018

Perusahaan Gas Negara, Tbk (PGAS:IJ) has 90-days to complete its Pertagas acquisition transaction, that is until September 2018, while the funding scheme will be two-third, that is roughly around IDR7Trn, come from internal source and the remaining one-third, that is around IDR9.6Trn will be sourced from external funding. Perusahaan Gas Negara Acquires 51% Stake of.

Indosat, Tbk (ISAT:IJ) is focusing to expand its 4G networks outside Java. According to the management, currently the company has developed 4G network in Lampung. The company has allocated IDR8Trn capital expenditure in FY18, whereas 80% of this capital expenditure will be utilized for network investments. Indosat will Issue Sukuk Ijarah IDR700Bn Indosat Issue Bond.

PT PP Properti, Tbk (PPRO:IJ) is working on apartment projects in Surabaya to pursue its 20%YoY growth target in 2018. Surabaya’s property sector has high demand for high-rise property products. The company also targets 50% of its revenues to come from Surabaya projects. PP Properti Books IDR2.1Trn in 1H18 Marketing Sales PP Properti Recorded IDR3Trn.

Wijaya Karya Beton, Tbk (WTON:IJ) has booked IDR3.06Trn new contracts in 1H18, compared to 1H17 new contracts of IDR2.6Trn. This new contracts realization reached 40% of the FY18 targeted new contracts of IDR7.56Trn. About 33.25% of the new contracts came from internal projects, 23.59% came from SOE projects, 36% from private projects, and 7.16% came.

Intiland Development, Tbk (DILD:IJ) is buying land amounted to IDR1.28Trn with affiliated party with area of 250Ha. This transaction was done through the company subsidiaries, Perkasalestari Utama and Intiland Grande, with Grand Interwisata and Stralight Nusa Property as the sellers. The company still has 2,050Ha of landbank for business expansion in the next 20 years,.

Garuda Maintenance Facility Aero Asia, Tbk (GMFI:IJ) in talks with potential partners to set up aircraft maintenance facility in Vietnam. The company aims to be Airbus certified maintenance service provider after signing up as training center for Airbus. Moreover, the company also aims to sign three new maintenance contracts in 2H18 with India and Russian.

Waskita Beton Precast, Tbk (WSBP:IJ) booked IDR2.8Trn new contracts in 5M18 coming from various projects which are mainly toll roads projects, such as Cibitung-Cilincing, Tebing Tinggi-Indrapura, and Probolinggo-Krasakan Toll Road. Other than toll road projects, the company also booked new contract from NCICD and Gold Island home office. This new contracts realization has reached 24.30%.

Selamat Sempurna, Tbk (SMSM:IJ) has acquired 44% stake in Sure Filter or Thailand Co. Ltd, an automotive component distributor in Thailand.. The investment is valued THB55Mn in total transaction that is sourced form internal cash flow. The purpose of the acquisition is to strengthen company’s export performance, especially in South East Asia countries. Previously, the.

Waskita Beton Precast, Tbk (WSBP IJ) to obtain a new contract values amounted to IDR2.97Trn until June 2018. With this improvement, then the total value of the contract is managed from subsidiary Waskita Karya, Tbk (WSKT IJ) reached IDR15.93Trn. As for a new contract, is derived from a number of large projects, among others toll.