Kategori: Infrastructure Transportation

Sumberdaya Sewatama, the subsidiary of ABM Investama (ABMM:IJ) is exploring strategic partners from various countries such as Bangladesh, Japan, Vietnam, and Africa, a a form of business segment expansion implementation. The company is planning to build a build on transfer (BOT) cooperation with a Bangladesh company. Previously, the company once worked with a Bangladesh company,.

Pelabuhan Indonesia III (Pelindo III) cooperates with Wijaya Karya, Tbk (WIKA:IJ) to work on various port projects amounting to IDR1.02Trn. Some of the projects are Bagendang port development in Sampit, Bumiharjo port in Kumai, and West Kalibaru terminal in Semarang. These various port development plans are to smooth Indonesia’s logistic flow. Wijaya Karya is Ready.

Indonesia Kendaraan Terminal, Tbk (IPCC:IJ) target the income until the end of the year 2018 can grow up to 38% over the previous year. The subsidiary of PT Harbor Indonesia (Pelindo) II, will still focus on terminal services vehicles. While, the average income and profit of the company in years past 2017 are already growing.

Perusahaan Gas Negara, Tbk (PGAS:IJ) has 90-days to complete its Pertagas acquisition transaction, that is until September 2018, while the funding scheme will be two-third, that is roughly around IDR7Trn, come from internal source and the remaining one-third, that is around IDR9.6Trn will be sourced from external funding. Perusahaan Gas Negara Acquires 51% Stake of.

Indosat, Tbk (ISAT:IJ) is focusing to expand its 4G networks outside Java. According to the management, currently the company has developed 4G network in Lampung. The company has allocated IDR8Trn capital expenditure in FY18, whereas 80% of this capital expenditure will be utilized for network investments. Indosat will Issue Sukuk Ijarah IDR700Bn Indosat Issue Bond.

Wijaya Karya Beton, Tbk (WTON:IJ) has booked IDR3.06Trn new contracts in 1H18, compared to 1H17 new contracts of IDR2.6Trn. This new contracts realization reached 40% of the FY18 targeted new contracts of IDR7.56Trn. About 33.25% of the new contracts came from internal projects, 23.59% came from SOE projects, 36% from private projects, and 7.16% came.

Garuda Maintenance Facility Aero Asia, Tbk (GMFI:IJ) in talks with potential partners to set up aircraft maintenance facility in Vietnam. The company aims to be Airbus certified maintenance service provider after signing up as training center for Airbus. Moreover, the company also aims to sign three new maintenance contracts in 2H18 with India and Russian.

Waskita Beton Precast, Tbk (WSBP:IJ) booked IDR2.8Trn new contracts in 5M18 coming from various projects which are mainly toll roads projects, such as Cibitung-Cilincing, Tebing Tinggi-Indrapura, and Probolinggo-Krasakan Toll Road. Other than toll road projects, the company also booked new contract from NCICD and Gold Island home office. This new contracts realization has reached 24.30%.

Arpeni Pratama Ocean Line, Tbk (APOL:IJ) plans to restructure its debt of USD400Bn that is harming the company’s net profit, stated the management who emphasized its concern on rupiah depreciation against US dollar and the high interest rate from the debt. The company has been in the restructuring progress since 2015 and plans to complete.

After signing a conditional purchase agreement with Pertamina on June 29 to take over Pertamina Gas (Pertagas), Perusahaan Gas Negara, Tbk (PGAS:IJ) finally announced to buy 51% stake, or equal to 2.6Mn shares of Pertagas from Pertamina for IDR16.6Trn, equal to 38.5% of Perusahaan Gas Negara’s equity. As this acquisition value is below 50% of Perusahaan.