Pandemic Impact on KMI Wire. Issuers engage in the manufacturing sector have also been affect by the Corona outbreak (Covid-19). As experience by KMI Wire & Cable Tbk (KBLI IJ). Launching information disclosure on the Indonesia Stock Exchange (IDX) website. The Covid-19 virus has an impact on the shutdown of some of the cable issuer’s.
Read More...Bumi Serpong Damai Anticipates New Normal. As well as, Bumi Serpong Damai Tbk (BSDE IJ) is preparing several scenarios to anticipate the application of the new normal in the midst of the outbreak of a new corona virus or Covid-19 that has not been resolved. BSDE Director Hermawan Wijaya acknowledged that entering 2Q20 was a.
Read More...Negative Response to Indofood CBP Acquisition. Indofood CBP Sukses Makmur Tbk (ICBP IJ) will acquire shares in Pinehill Corpora Limited. We consider that this corporate action has the potential to suppress ICBP financial condition in the short term. ICBP will need funds of around IDR 30.3 trillion to complete the acquisition of IDR 44.4 trillion..
Read More...IndiHome Encourages Telekomunikasi Indonesia Revenue. Telekomunikasi Indonesia (Persero) Tbk (TLKM IJ) posted revenues of IDR 135.57 trillion in 2019. This amount increased by 3.7% compared to revenues in 2018 which amounted to IDR 130.78 trillion. TLKM also recorded an increase in earnings before interest, taxes, depreciation, and amortization (EBITDA) of 9.5% YoY to IDR 64.83.
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