Kategori: Basic Industry

Barito Pacific, Tbk (BRPT:IJ) targets to get additional funding around USD700Mn – USD1Bn from right issue, which scheduled on January 22, 2018. The company will use the proceed for acquisition of Star Energy Group Holdings Pte Ltd, a geothermal company, amounting to USD775Mn. Petrochemical Business Support Barito Pacific Renewable Energy Investment Reached IDR11.74Trn in 10M17.

Chandra Asri Petrochemical, Tbk (TPIA:IJ) will issue bonds through public offering (PUB) with the target maximum fund of IDR1Trn, in tranche I 2017 maximal value IDR500Bn. The proceed will be used to pay off the company’s debt, there is also the guarantor executing this bond issuance, namely: BCA Sekuritas, DBS Vickers Sekuritas Indonesia, and Mandiri.

Chandra Asri Petrochemical, Tbk (TPIA:IJ) is looking for funding from domestic capital market, amidst it successfully issued global bond worth USD300Mn. Company will issue ongoing initial public offering (PUB) with the acquisition of maximum fund up to IDR1Trn, or will issue IDR500Bn in December. For the record, the company recently obtained permission of the pre-effective.

PT Budi Starch & Sweetener, Tbk (BUDI IJ) wanted to add a tapioca flour mill, through the acquisition of tapioca factory in Lampung at the end of 1H18. Company want to acquisition factory with capacity of 30,000 tonnes of tapioca annually. Since the company must to revitalize its old factory first. The value of acquisition.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), a subsidiary of PT Barito Pacific, Tbk (BRPT IJ), is successfully to raise fund from US dollar denominated bonds issuance. Company issued global bond worth USD300mn or equivalent with IDR4.05trn (exchange rate IDR13,500 per US dollar). The total incoming bid reach USD2.2bn, or oversubscribed 7.33 times, with coupon.

Moody’s Investor Service rated of Ba3 against the bonds that will be issued by PT Chandra Asri Petrochemical, Tbk (TPIA IJ). Company is plan to issue senior unsecured notes worth USD300mn, guaranteed by its subsidiary, namely PT Styrindo Mono Indonesia and PT Petrokimia Butadiene.

PT Aneka Gas Industri, Tbk (AGII IJ) will issue bonds and sukuk worth IDR150bn respectively or totaling IDR300bn, to refinancing company’s debt in early December 2017. Each bonds and sukuk, derived of two series, they are: series A with tenor 3-years and Series B tenor 5-years, has the same coupon rate indication for the both.

PT Mark Dynamics Indonesia, Tbk (MARK IJ) reported its sales growth 5.15% from IDR100.61bn in 1H2017 to IDR105.79bn in 1H2017. Company’s sales performance, in line with the nitrile and handformer glove product’s increasing demand, with a targeted production capacity 530,000 pieces per.

PT Astra International, Tbk (ASII IJ), a company with strong brand portfolio (which includes Toyota, Daihatsu, Isuzu, BMW, Komatsu, and Honda Motor), will distribute its 2017’s interim dividend worth IDR55 per share. According to company’s statement, the Board of Commissioners has agreed to distribute its fiscal year ending on 31 December 2017’s interim.

PT Trisula Textile, Tbk (BELL IJ), textile and garment manufacture company, will be listed its shares on Indonesia Stock Exchange (IDX) on October 3, 2017. Company offering 300 million with nominal value IDR100, and offering price at level IDR 150 per share. Meanwhile, around 70% the proceed will be used to buy new machines to.