Arsip: July 2020

Siloam Hospitals Expansion. One of a network of private hospitals established by Lippo Group, Siloam International Hospitals Tbk (SILO IJ). It has allocate capital expenditure (capex) of around IDR 300 billion – IDR 400 billion this year. The budget is focus on building 2-3 new hospitals and providing health facilities for the handling of Covid-19.

As well as EXCL Over the Top. XL Axiata Tbk (EXCL), as one of the cellular operator providers in Indonesia has established synergy and cooperation with over the top service providers, one of which is with Netflix video on demand (VOD) service providers. EXCL Group Head of Corporate Communication Tri Wahyuningsih said, the business collaboration.

As well as Adaro Energy Coking Coal Strategy. The depress coal price this year as the weakening demand. From the corona virus pandemic is expect to depress coal companies. Including Adaro Energy Tbk (ADRO IJ). This can be seen from ADRO financial performance throughout 1Q20. Furthermore, ADRO revenue decrease 11.3% YoY from USD 846.50 million.

As well as MNC Land Private Placement. MNC Group property developer listed by Hary Tanoesoedibjo, MNC Land Tbk (KPIG IJ). Plans to increase capital through a new share issuance scheme without the right to pre-order (PMTHMETD) or private placement. Prospectus data note that the number of new shares issuance was 8.06 billion shares. Or 10%.

As well as Indocement refuse derived Fuel project. In the midst of the condition of the cement industry which is experiencing over supply. Indocement Tunggal Prakarsa Tbk (INTP IJ) still posted bottomline performance growth. Semen Tiga Roda producer listed a net profit of IDR 400.43 billion, up 0.87% YoY. Nevertheless, INTP recorded a decline in.

Edwin Soeryadjaya Buyback Saratoga. An investment company and one of the largest conglomerates in Indonesia. Saratoga Investama Sedaya Tbk (SRTG IJ). President Commissioner of the company, Edwin Soeryadjaya bought 15.83 million shares of the company in the last two weeks. Base on Saratoga’s report on the company’s share.

Surya Citra Media Buyback Realization. A company engaged in the content-based media industry. Surya Citra Media Tbk (SCMA IJ) has realize its stock buyback plan. With a total of 568,398,000 shares value at IDR 519.69 billion. SCMA Corporate Secretary Gilang Iskandar said this realization was in line with the approval of the buyback.

Physical Distancing Press Retail Company. The majority of retail Company that sell non-essential products record a decline in net profit in the first three months of 2020. Some of these Company also show lower revenue. Compare to the same period in 2019. As well as Mitra Adiperkasa Tbk (MAPI IJ) net profit which fell 94.16.