Kategori: Misc Industry

SCG Retail Holding Company Limited officially acquires 9.09% of Catur Sentosa Adiprana, Tbk (CSAP:IJ) through private placement scheme. SCG Group purchased 405.3Mn shares at IDR800/share. Through this corporate action, Catur Sentosa will receive additional IDR324Bn funds. The entry of SCG retail to the company will support the company’s plan to expand its retail business, Mitra.

Pulp and paper’s industry in Indonesia has the potential to growth, along with the paper’s needs remaining high, post the policy of reduction in the use of plastics waste once. The stock price of Indah Kiat Pulp and Paper, Tbk (INKP IJ) managed to obtain increases of 2,111% during five years. In fact, since the.

Mark Dynamics Indonesia, Tbk (MARK:IJ) has started the process of business expansion sanitary products this year. Since it has has completed the process of purchasing land for the factory covering an area of 10 Ha in Tanjung Morawa, North Sumatra. After operating in 2020, the company would first produce sanitary type of closet. Mark Dynamics.

Waskita Beton Precast, Tbk (WSBP IJ) continues to experience increased cash flows position over the payment of projects which the company projected. Until the end of June 2018, WSBP has managed to earn income term IDR5.21Trn. Payment terms that include a projects of turnkey highways Becakayu and from a number of turnkey non toll road.

Selamat Sempurna, Tbk (SMSM:IJ) has acquired 44% stake in Sure Filter or Thailand Co. Ltd, an automotive component distributor in Thailand.. The investment is valued THB55Mn in total transaction that is sourced form internal cash flow. The purpose of the acquisition is to strengthen company’s export performance, especially in South East Asia countries. Previously, the.

Waskita Beton Precast, Tbk (WSBP IJ) to obtain a new contract values amounted to IDR2.97Trn until June 2018. With this improvement, then the total value of the contract is managed from subsidiary Waskita Karya, Tbk (WSKT IJ) reached IDR15.93Trn. As for a new contract, is derived from a number of large projects, among others toll.

Gajah Tunggal, Tbk (GJTL:IJ) acquired 92.9% shares of Filamendo Sakti (nylon filament 6 producer which is the main raw material of nylon tire fabric 6) from Polychem Indonesia, Tbk (ADMG:IJ) which is worth IDR4.55Bn to ensure supply, quality and lower production costs to continue the upstream vertical integration of the production chain. Gajah Tunggal Plans.

Gajah Tunggal, Tbk (GJTL:IJ) is planning to increase exports to several countries as rupiah depreciates. The company is confident to penetrate European market due to tax antidumping regulation form China. Moreover, according to the company, they plan to explore Africa markets as well as new market in Asia countries. Rating Upgrade for Japfa; Another Downgrade.

Indo-Rama Synthetics, Tbk (INDR:IJ) targets to increase its production capacity to 20% or equal to 55,000 tonnes/year until 2020. According to the management, the company’s factory utilization has already reached 100%, therefore the company needs to add polyester production capacity. The company plans to develop its factory through two phases, whereas it targets to finish.

The development of e-commerce and global business prospects encouraging industry manufacturers of paper, make Indah Kiat Pulp & Paper, Tbk (INKP IJ) and Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ) are benefiting from the growth in global demand. For the record, the trend of demand for packaging in the world can potentially grow 3% to.