Kategori: Infrastructure Transportation

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.

Waskita Karya, Tbk (WSKT:IJ) through its subsidiary Waskita Karya Realty increases its share capital to Waskita Modern Realty. Through this, Waskita Karya still controls 240.76 Mn shares or 60% of Waskita Modern Realti’s shares which amounted to IDR240.76Bn, whereas the remaining 40% of Waskita Modern Realti capital’s is owned by Bagasasi Inti Pratama of IDR160.5Bn..

Perusahaan Gas Negara, Tbk (PGAS:IJ) has officially acquired 51% of Pertamina Gas (Pertagas)’s shares after signing conditional sales purchase agreement (CPSA) on June 29, 2018. According to Deputy of Mining Services Business, Strategy Industry, and Media, the valuation of this acquisition won’t be more than USD2.5Bn. However, the details of the transaction will be announced.

Indomobil Sukses International, Tbk (IMAS:IJ) has allocated IDR2Trn capital expenditure in FY18 from FY17 realization of IDR1.34Trn. In 1Q18, the company’s capital expenditure realization has reached IDR601Bn. Capital expenditure will be allocated for new marketing network development and existing network optimization. Furthermore, the company plans to produce new automotive products corresponding to customers needs and.

Garuda Indonesia, Tbk (GIAA:IJ) plans to issue USD750Mn global bond before June 2018. The proceed will be used for advances for airplane purchases and airplane lease payments. As of September 2017, the company has total bonds payable amounting USD642.07Mn that consist of Obligasi Garuda Indonesia Berkelanjutan I and Garuda Indonesia Global Sukuk Limited. Garuda Indonesia.

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 Mojokerto. Jasa Marga Earned Toll Concessions Worth IDR38.1Trn Jasa.