Kategori: Property Real Estate

Since switching to property business, the sale of Rimo International, Tbk (RIMO:IJ) surged drastically, even made it out of the loss. Until the end of September 2017, Rimo sales surged 27 times to IDR247.08Bn. While still in the retail business in 3Q16, the company only recorded sales of IDR9.16Bn. The biggest contribution came from the.

Forzaland Indonesia, Tbk (FORZ:IJ) have prepared its expansion plans next year, would build one mixed use project. According to company’s statement, the investment value around IDR1Trn to IDR2Trn, depending on the area and market target. While, this mixed use project will build on the land covering an area of.

PT Summarecon Agung, Tbk (SMRA IJ) together with Sumitomo Foresty established joint venture to build housing. Sumitomo Foresty has the advantage of technology, and business provider of lumber and building materials for companies. The total investment reached USD30mn, with Summarecon portion was USD15mn. Meanwhile, the share of Summarecon in joint venture reached 51%. For the.

PT Puradelta Lestari, Tbk (DMAS IJ) recorded its profit that are attributed to entities reached IDR254.41bn, depressed 48.5% YoY in line with the decrease of its income. Until September 2017, the revenue recorded IDR493.58bn, or shrank 51.2% from IDR1.01trn in the same period last year. Currently, there is still a backlog of industrial land sales.

PT Mega Manunggal Property, Tbk (MMLP IJ) planned to increase its capital through right issue with fund target totaling IDR1.07trn. Company offers as many as 1.85 billion new shares with a nominal value of IDR100 per share, its exercise price at level IDR580 per share. For the record, company’s shareholder will experience a dilution of.

Jababeka PP Properti do the topping off and soft launching product of their apartments, Riverview Residence, i.e. Tower Mahakam and Tower Bengawan in the same day. Both events were conducted at two different places, namely for Topping Off Tower Mahakam Jababeka Cikarang and carried out in the event of Soft Launching Tower Graha Mandiri Bengawan.

PT Wijaya Karya Gedung, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ), record a new contract worth IDR5.89trn until the end of October 2017 or about 80% of the target worth IDR7.4trn during the year. The new contract was about 49% comes from the government and state owned enterprise as well as other.

PT Wijaya Karya Gedung, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ), is planning its first stock offering (initial public offering, IPO) in the bookbuilding period starting Thursday, October 26, 2017 until Tuesday, November 7, 2017. Wika Gedung estimated listed its shares in Indonesia Stock Exchange (IDX) on November 30, 2017. While initial.

PT Wijaya Karya Realty, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ) will issue medium term notes (MTN) worth at IDR500bn with coupon rate at 9.75%. The MTN was electronically distributed on October 24, 2017, where the date of the first interest payment on January 24, 2018. The MTN with a tenor of.

PT PP Presisi, a subsidiary PT PP (Persero), Tbk (PTPP IJ), offering its shares through initial public offering (IPO) priced at level IDR430 – IDR550 per share to investor during public offering since Monday, October 23, 2017. Company offering as much as 4.23 billion shares, or equivalent to 35% from its issued and fully paid,.