Kategori: Basic Industry

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.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is the largest and most integrated chemical player in Indonesia, reported its net profit USD174.1mn in 1H2017, growth 32% compared to same period last year USD131.8mn. The increase of net profit, supported by company’s revenue which increase to USD1.19bn from USD882.1mn during that.

PT Semen Indonesia (Persero), Tbk (SMGR IJ), is the largest cement maker in Indonesia, reported its sales volume 16.8 million tons during January to August 2017, or rose up to 3.7% over the same period last year. Company’s strong brand equity with the largest share in the East Java, Sumatra, Kalimantan and Eastern Indonesian markets,.

PT Indocement Tunggal Prakarsa, Tbk (INTP IJ), the second largest cement producer in Indonesia after Semen Gresik Group, released the new slag cement product under the brand TR Superslag Cement. Main material is slag, made this Indocement’s new product is an environmental friendly cement product. According to company’s information, the current condition of cement market.

Chandra Asri Petrochemical, Tbk (TPIA IJ), is the only company in Indonesia that possesses a naptha cracker, has signed an EPC (engineering, procurement, and construction) contract with Toyo Engineering Group. Its contract is for the construction of a new Polyethylene facility located in the Naptha Cracker complex in Cilegon, Banten. These new plant facility will.