Kategori: Consumer Goods

Tiga Pilar Sejahtera Food, Tbk (AISA:IJ) submitted entry process Delays Debt Payment Obligations (PKPU) by its two creditor, the holder of the bonds of the company. Both creditors are forcing TPS Food will settle the debt in court it was Sinarmas.

The majority of the sales of Multi Bintang Indonesia, Tbk (MLBI:IJ) is still on the product of alcoholic beverages in the form of beer. On the other hand, company is slowly wanted to share of product sales of non beer strengthened, amidst its potential business growth and alcoholic beverage manufacturers.

Sariguna Primatirta, Tbk (CLEO:IJ) is going to conduct stock split with 1:5 ratio, effective on July 3 2018. Meaning, the company now has 11Bn shares from previously 2.2Bn.

Mayora Indah, Tbk (MYOR:IJ) is planning to buy land sales in Balaraja, Banten, whose currently owned by Tedjopratama Mandiri Gemilang and Lubuk Permata. This company plans to utilise this land for factory development regarding its plan to add three lines of biscuit products and 15 lines of water.

Two joint ventures company formed between Kino Indonesia, Tbk (KINO:IJ) and Malee Capital Company Limited still wait for operational permits and other documents. The joint ventures were formed to boost business synergy in each country and targeted to operate by the end of 2018. They are Kino Indonesia Malee and Malee Kino.

Indofood ICB Sukses Makmur, Tbk (ICBP:IJ) prepares USD20Mn funds in order to increase its ownership in two subsidiaries, which are joint venture company with Asahi Group Holdings Southeast Asia Pte Ltd. Asahi intends to sell a 51% stake in Asahi Indofood Beverage Makmur, and about 49% stake in Indofood Asahi Success.

Indofarma, Tbk (INAF:IJ) allocates capital expenditure (capex) of IDR165Bn in FY18 for several purposes. The proceed will be used for renovation and completion of production facility and plants layouts worth IDR44Bn, IDR35Bn for machine purchase and production support facilities, IDR13Bn for development of ERP information.

Martina Berto, Tbk (MBTO:IJ) hopes its business could growth 10% over the year, amidst the market is still experiencing pressure. This figure above the industries growth target that are expected at 9%. Until 2Q17, the company recorded revenue growth of 3% to IDR505.02Bn compare to same period 2016 of.

Kalbe Blackmores Nutrition has plans to produce a Blackmores supplement in Indonesia, since the entire products are still imported directly from Australia. For the record, Blackmores Ltd is the company from Australia. Currently, Kalbe Blackmores Nutrition has 20 products for Indonesia market, from nutrition for children, young age, pregnant and nursing mothers, to segment the.

Kimia Farma, Tbk (KAEF:IJ) acquiring Dwaa Medical Ltd would be completed, since the company had reached the process of management of documents related to this acquisition, because it must comply with the regulations in Saudi Arabia. With these acquisition, there will be an additional contribution up to 10% of Kimia Farma’s.