Kategori: Infrastructure Transportation

United Tractors, Tbk (UNTR IJ) would acquire 95% stake of Agincourt Resources, owner of the Martabe gold mine in North Sumatra. The acquisition was done through United Tractors’s subsidiary, namely Danusa Tambang.

EMR Capital, a private equity company, confirm purchase of Martabe mine by United Tractor, Tbk (UNTR IJ) subsidiary, i.e. Pamapersada Nusantara worth USD1.21Bn. According to Dealstreet.

The plan of United Tractors Tbk (UNTR IJ) soon had its own mines, post acquisition of 95% share through takeover agreement of Agincourt Resources Pte Ltd in Agincourt Resources of worth around USD917.9Mn. The subsidiary of Asta International, Tbk (ASII IJ), United Tractors will take over.

United Tractores, Tbk (UNTR IJ) has a new business after acquiring a gold mine at Martabe, North Sumatra. This new business, will add to the prospect of United Tractors in the stock price. The company acquired the Martabe gold mine through its subsidiary, namely Danusa Tambang.

Sarana Menara Nusantara, Tbk (TOWR:IJ) registered a 6.1% revenue growth in the period 1H18 became IDR2.80Trn. In the same period last year, the company’s revenue registered IDR2.64Trn. Revenue dominated came from tower rental, or organic growth and Komet Infra has contributed revenue during the month. Komet Infra.

Wijaya Karya, Tbk (WIKA:IJ) booked IDR346Bn in 2Q18 net profit, bringing up its 1H18 net profit to IDR517Bn, accounting for 34% of FY18 consensus. This is slightly below expectation because its 1H17 was accounting for 36% of its FY17.

Waskita Karya, Tbk (WSKT:IJ) plans to cut its revenue, net profit, and new contracts target by 10% from its previous target in FY18 due to delay in several investment projects in toll.

Samudera Indonesia, Tbk (SMDR.:IJ) targets 25% ownership in Patimban Port operator consortium. The company has submitted letter of intent regarding this matter and currently waiting for details of auction documents from Ministry of.

AKR Corporindo, Tbk (AKRA:IJ) and BP Global has formed a joint venture (JV) to build gas stations in Indonesia under the brand name of “BP”. The joint venture company, BP AKR Fuels Retail, is 50.1% owned by AKR Corporindo and 49.9% by BP.

Transportation rental service company, Adi Sarana Armada, Tbk (ASSA:IJ), record an increase in profit for the current year that are attributed to the parent entity 61.31% in 1H18. Company’s profit record from IDR46.89Bn to IDR75.64Bn. Profit increase amidst rising incomes that are only one digit. Adi Sarana Armada’s income increase.