Jasa Marga Prefer to Issue Sukuk Next Year
Jasa Marga, Tbk (JSMR:IJ) has continued to seek alternative funding to meet the target operating 1,260 km of toll roads. One of the selected funding in the near future was to issue sukuk. Company is still need IDR60Bn to complete 1,260 km, or company will be operating a 200 km each year. On the other.
Read More...Indo Tambangraya Searching New Coal Fields
Add the source of coal mine into the main agenda of Indo Tambangraya Megah, Tbk (ITMG:IJ) unti next year. Since, two of the six fields of its mines would close operations in the 2Q18. Both of these mines respectively are under of Kitadin and Jorong Barutama Greston. For the record, Kitadin operating commercially since July.
Read More...Austindo Builds Two Factories Worth USD30Mn
Austindo Nusantara Jaya, Tbk (ANJT:IJ) plans to build a new palm oil mills and processing edamame. The company set up investment funds worth USD30Mn for its expansion. While, the value of investment for palm oil factories around the USD23Mn, and the construction has been started since last September. These 90 tons per hour capacity.
Read More...Aneka Gas Issue Bonds and Sukuk to Refinancing
Aneka Gas Industri, Tbk (AGII:IJ) will issue Shelf Registered Bond I Tranche II Year 2017 worth IDR256Bn. In addition, the company will also issue Shelf Registered Sukuk Ijarah I Tranche II Year 2017 worth IDR144Bn. According to the issuance of bonds and sukuks, each has a ratings at level A-(idn) by Fitch Ratings.
Read More...Sawit Sumbermas Cancel to Issue Global Bond
Sawit Sumbermas Sarana, Tbk (SSMS:IJ) canceled the issuance of global bond worth USD300Mn, tenor 5-years and with an indicative coupon rate at level 7%. The cancellation due to the yield increase in the global bond market. Meanwhile, incoming requests in the Asian region coupon at the level of 7.25%, and the number of incoming request.
Read More...Kideco Support Indika Energy’s Stock Price
Indika Energy, Tbk (INDY:IJ) in the middle to complete the process of acquisition of 45% of the Kideco Jaya Agung shares worth USD677.5Mn. Thus, Indika will increase its ownership in Kideco be 91%, from 46% through its subsidiary, Indika Inti.
Read More...Metland Focus on Kavling Land Sales
Metropolitan Land, Tbk (MTLA:IJ) will rely on many kavling land sales until the end of year 2018 to encourage its business growth. Kavling land sales prospects are expected to increasingly recently because the company current receives many request from commercial land. Currently, company is handling a lot of request from commercial land such as hospitals,.
Read More...Kresna Graha Revenue Growth to Above 200%
Kresna Graha Investama, Tbk (KREN:IJ) reported its revenue grew more than 200% in 3Q17, supported by securities trading and sale of electronic voucher revenue to boost the company’s performance. According to its financial report, company recorded revenue growth of 202.69% YoY became IDR597.34Bn, compare to same period last year IDR197.34Bn. This revenue surge from a.
Read More...Nusa Konstruksi Enjiniring and Macmahon Builds Mine Project
Nusa Konstruksi Enjiniring, Tbk (DGIK IJ) continues to pursue new projects, since it just got a mining gold and copper construction contract in the region of Tujuh Bukit or Gunung Tumpang Pitu, Banyuwangi, Jawa Timur. Company is joint venture with Macmahon Holding Limited, is trusted to work on the construction in one of the biggest.
Read More...Bank BRI will Acquire Several Securities Company
After acquired 35% of Bahana Artha Ventura (BAV) through a private placement, Bank Rakyat Indonesia, Tbk (BBRI:IJ), is also being targeted securities company will be used as the subsidiary. The plans of formation securities company is already entered in the Bank BRI’s corporate action.
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