Kategori: Infrastructure Transportation

PT Smartfren Telecom, Tbk (FREN IJ) is plan to seek funds up to IDR15trn through release the private placement obligation’s conversion III, amidst company will held extraordinary general meeting shareholders on November 23, 2017. For the record, the proceed will be used for capital work, pay the liabilities, and capital expenditure of holding and subsidiaries.

PT Waskita Karya (Persero), Tbk (WSKT IJ) reported its revenue worth IDR28.53trn in 3Q2017, or higher than same period 2016 worth IDR14trn. The largest contribution was still came from construction services and sales precast. Company’s profit is also increased to IDR2.90trn from IDR1.08trn, during that.

PT Adhi Karya (Persero), Tbk (ADHI IJ) is realized its Shelf Registration Bond Tranche I Series A, and Shelf Registration Mudharabah as much as IDR500bn, and working capital for the projects such as LRT and TOD as much as.

PT Waskita Beton Precast, Tbk (WSBP IJ) is already absorb its capital expenditure (capex) worth IDR912bn, or 48% from total capex IDR1.9trn in 2017. Company used its capex for the construction and land plant precast acquisition, precast equipment needs, and readymix, amidst company seeks to improve the expansion of plant’s production.

PT Bali Towerindo Sentra, Tbk (BALI IJ) is get a loan facility worth IDR80bn from PT Bank Sinarmas, Tbk (BSIM IJ). The loan facility was signed on September 29, 2017 until September 2, 2018, will be used for its working capital. Previously, Bali Towerindo is already signed another bank loan worth IDR130bn from PT Bank.

The involvement of PT Humpuss Intermoda Transportasi, TBK (HITS IJ) in development consortium LNG Floating Storage and Regasification Unit (FSRU), will support its revenue for next 25 years. The consortium aims to supply IPP (independent power producer) needs PLTGU (Java 1 and Tambak Lorok). For the record, Humpuss portion reaches 25% of the total.

PT Humpus Intermoda Transportasi, Tbk (HITS IJ), a company shipping transportation, is successfully maintained its cost of good sold (COGS) became USD20.27mn, or 58.22% of the revenue. The percentage lower than same period last year at level 70.89% of the revenue USD29.94mn. Meanwhile, company is also reported its profit increase 225.9% to USD5.20mn during.

PT Eka Sari Lorena Transport, Tbk (LRNA IJ) realizes its initial public offering (IPO) funds up to IDR117.45bn (around 87%) until September 2017, from total fund worth IDR135bn. While the remaining worth IDR17.55bn, company puts on PT Bank Sinarmas Syariah and PT Bank Mayapada International, Tbk (MAYA.

PT Garuda Indonesia, Tbk (GIAA IJ) is optimistic on its 3Q2017’s performance, citing that it will a profit in the quarter, since there is a twofold increase from same period 2016. During 3Q2016, company reported its net income worth USD19.1mn. While according to company’s statement, Garuda Indonesia’s net income could reach USD70mn in 2H2017, a.

PT Blue Bird, Tbk (BIRD IJ), Indonesia’s taxi operator with strong brand equity, has received a loan facility worth IDR1trn by Bank Sumitomo, with a maturity of six years. The proceed will be used for its capital expenditure, to fund its fleet expansion plans, amidst fast-growing ride-hailing app-based service’s.