Arsip: July 2018

MD Pictures expects to receive additional IDR416Bn funds from its upcoming initial public offering (IPO) plan, higher than initial target of IDR300Bn. The company is planning to issue 1.98Bn of shares at IDR210/share in IPO. Along with IPO process, the company also issue new shares through mandatory convertible bond (MCB) amounted to IDR25Bn. Furthermore, the.

Mustika Ratu, Tbk (MRAT:IJ) has booked 5% YoY revenue growth amounting to IDR145.07Bn in 1H18, due to better performance in 2Q18, growing at 10% YoY in 2Q18. Growth in revenue was mainly supported by body care products, such as olive oil, slimming tea, and body splash cologne. The company also plans to release new products.

Pollux Properties, Tbk (POLL:IJ), a property company that recently listed in the Indonesia Stock Exchange (IDX), targets net income to grow by 300% YoY to IDR400Bn and revenue of 262% YoY to IDR1.6Trn in 2018, compared to FY17 revenue and net income at IDR442Bn and IDR100Bn, respectively. The company also allocated IDR1-1.2Trn capital expenditure in.

Pelabuhan Indonesia III (Pelindo III) cooperates with Wijaya Karya, Tbk (WIKA:IJ) to work on various port projects amounting to IDR1.02Trn. Some of the projects are Bagendang port development in Sampit, Bumiharjo port in Kumai, and West Kalibaru terminal in Semarang. These various port development plans are to smooth Indonesia’s logistic flow. Wijaya Karya is Ready.

Bank Bukopin, Tbk (BBKP:IJ) plans to relaunch its payment point online namely BukopinNet in order to differentiate payment point in the market nowadays. Through this system, the bank’s customers now can do several transactions via mobile from previously only can be done via bank’s teller, among which are electricity and utilities payment, BPJS health insurance,.

Bank Tabungan Negara, Tbk (BBTN:IJ) plans to acquire new subsidiary in investment management business that will be aimed to work on a potential long-term financing after the public housing management body (Tapera) fully operates. The management sees good prospects in property and mortgage business after Bank Indonesia relaxes the loan to value (LTV) regulation. Bank.

The trend of a weakening rupiah is estimated to be not to affect business activities of Unilever Indonesia, Tbk (UNVR IJ). Just info, the rupiah in the spot market had already rectified 6.12% against the US dollar throughout the year. On Wednesday the trade (11/7), the rupiah weakened 0.13% to as low as IDR14,385/USD. In.

Unilever Indonesia, Tbk (UNVR IJ) has a strategy to boost their financial performance, i.e. one through divestment. The company decided it would divest business assets on the spreads. Corporate actions include intangible assets such as the sales and distribution of products with the trademark global Frytol, Blue Band Master, and Blue Band. Distribution rights on.