Kategori: Infrastructure Transportation

Jasa Marga, Tbk (JSMR:IJ) has allocated IDR70Trn in capital expenditure (capex) in FY18, that will financed by 70% corporate loan and 30% from company’s internal source. The company is also considering to issue a bond through its subsidiaries Jasa Marga Bali Tol and/or Jasa Marga Surabaya.

United Tractors, Tbk (UNTR:IJ) has allocated capital expenditure (capex) amounting to USD800Mn (+39.13% YoY) in FY18. The source of capex will be coming from internal cash and bank loans. Of the total FY18 capex, United Tractors has allocated the biggest portion to its heavy equipment mining contractor subsidiary, Pamapersada.

Jasa Marga, Tbk (JSMR:IJ) has earned two new toll concessions with total investments amounting to IDR38.1Trn. These two toll concessions are Probolinggo-Banyuwangi toll road and Jakarta-Cikampek II Selatan projects, with investments of IDR23.4Trn, and IDR14.7Trn, respectively. The company won the Probolinggo-Banyuwangi toll road project together with Waskita Toll Road (WTR) and.

Waskita Karya, Tbk (WSKT:IJ) plans to sell its Palembang light rail transit (LRT)’s receivables through factoring scheme in 2018 to finance investors as the potential buyer. The company plans to sell IDR9.1Trn receivables of the total IDR10.9Trn project.

Samudera Indonesia, Tbk (SMDR:IJ) allocates USD190Mn capital expenditure (capex) in FY18. The company plans to purchase maximum 15 units of ships this year and to acquire Cold Logistic company, which will be completed in 1Q18. Samudera will acquire 67% shares of Adib Cold.

Adhi Karya, Tbk (ADHI:IJ) has booked IDR13.6Trn of new contracts (exclude Greater Jakarta Light Rail Transit) in 11M17. This achievement makes 63.6% of company’s new contract target in.

In line with the business transition, Rimau Multi Putra Pratama, Tbk (CMPP:IJ) will change its company name to Air Asia Indonesia on December 29, 2017. Based on company’s extraordinary general meeting shareholders, in addition to changing the name, the company also reorganize its five commissioners and directors and plans to divest its subsidiary shares which.

Jasa Marga, Tbk (JSMR:IJ) estimates that four toll road gates will have a surge in holiday traffic around 32.05%. The four toll road gates are Cikarang gate (+32.05%), Cileunyi gate (+21%), Ciawi gate (+17%), and Cengkareng gate (+5.3%) compared to normal traffic during this.

HD Capital, Tbk (HADE:IJ) postponed the takeover plan of Panca Sinergi Perkasa (PSP), since there are still requirements that have yet to be met by the PSP. These requirements include a approval letter from the bank is the lender PSP. For the record, PSP has 18 subsidiaries. Seven of them have got the Power Purchase.

Wijaya Karya Beton, Tbk (WTON:IJ) budgeted its capital expenditures (capex) amounting to IDR682Bn in 2017. Almost the entire or reached 90% of capex budget has been absorbed in 11M17. While, as many as 10% of the remaining stay waiting for the payment period 2017, along the overall capex are used to add production.