Kategori: Property Real Estate

PT Binakarya Jaya Abadi, Tbk (BIKA IJ) reported revenue’s declined during 1H2017, amidst its gross profit increased compared to same period last year. The company was efficient in the cost of revenues during the period. For the record, BIKA’s company’s revenue IDR257.29bn and cost of revenue IDR162.28bn or 50% from the.

PT Nusa Raya Cipta, Tbk (NRCA IJ) and PT Jasa Marga, Tbk (JSMR IJ) are building the construction of Subang-Patimbang toll road, to realize the 41 km freeway. The project development initiative document, incorporated by the NRCA-JSMR consortium and is in the process, while the evaluation is targeted to be completed in the near.

PT Waskita Karya (Persero), Tbk (WSKT IJ) plans to issue bond with a total worth IDR10trn. For tranche I, company offers bond worth IDR3trn during the bookbuilding period starting from September 6, 2017 to September 19, 2017. While tranche II and tranche III worth IDR5trn, will be offered in year 2018. Waskita Karya has regularly.

Ciputra Development, Tbk (CTRA IJ), company’s most diversified in terms of target markets, products offered and project locations, reported its sales from property segment business worth IDR2.01trn during 1H2017, slightly down compare same period 2016 worth IDR2.11trn. Company’s sales performance was impacted from all business segment during this period. During 1H2017, the largest sales contribution.

Mega Manunggal Property, Tbk (MMLP IJ) is plan to issue its 3,076,913,900 shares in the right issue in October 2017, with price at level IDR100 per share. Company’s right issue is around 35% of the capital issued, and paid up capital after the right issue’s implementation. For the record, the authorized capital was worth IDR1.5trn,.

Intiland Development, Tbk (DILD IJ), a property company, has exceed its marketing sales target in 1H2017, support by Fifty Seven Promenade, a company’s newly launched property project, in line with the rise of domestic’s consumer purchasing power. The company targets its marketing sales up to IDR2.3trn in 2017, doubled from its marketing sales last year..

Lippo said it is focusing on launching more affordable housing projects to target the mid-low segment over the next five years. Its healthcare business has become a priority too, as 51% of total consolidated revenue comes from this division. Future catalysts include better gearing from the sale of Lippo’s 9% stake in its healthcare subsidiary.

PP Properti, Tbk (PPRO IJ) heavily build residential project in Cikarang, West Java with the aim market workers Jababeka industrial area. Subsidiary company of Perusahaan Pembangunan, Tbk (PTPP IJ) will manage the dwelling area of 4.6 Ha in Jababeka in 2017. PP Properti Financial Director, Indaryanto said, the development includes the construction of six residential.

Pemeringkat Efek Indonesia (Pefindo) has upgrade the outlook on Wika Realty Tbk (WKTY) to positive from stable whilst its rating remains at idBBB+. The outlook upgrade was driven by improved capital structure and better cash flow following capital injection of IDR1.7trn from its parent Wijaya Karya Tbk (WIKA:IJ, idA+/Sta) and potential land sales. The bulk.

On the rating action front, Pemeringkat Efek Indonesia (Pefindo) has lowered Duta Anggada Realty, Tbk (DART IJ) rating to idBBB+/Sta from idA-/Sta. The downgrade was driven by weakening financial condition due to lower revenue projection amid higher debt level. Lower revenue projection is expected due to weak sales performance from La Mansion project and late.