BOT Mitsubishi UFJ will Support Bank Danamon’s Credit
As we know, Bank of Tokyo-Mitsubishi UFJ (BTMU) planned to acquire around 40% stake in Bank Danamon, Tbk (BDMN:IJ). Financial institution in Japan which is the origin of the subsidiary Mitsubishi UFJ Financial Group, will be pursued as the majority.
Read More...Bank Mayora Entering to Group of BOOK II
Bank Mayora, a subsidiary of Mayora Indah, Tbk (MYOR:IJ), have prepared strategies after entering into group of BOOK II in 2016. Currently bank has core capital worth IDR1.08Trn, and the bank will optimize the business not owned when it was the BOOK I, such as internet banking, mobile banking, cash management, and.
Read More...Bank BCA Prepare Fund IDR200Bn for Venture Capital
Bank Central Asia, Tbk (BBCA:IJ) through its subsidiary, namely Central Capital Venture (CCV), injects funds to startup companies, such as klikacc.com and garasi.id. Bank BCA has already prepare the fund worth IDR200Bn for venture capital. While, the capital depends on the cooperation with the venture company, around IDR20Bn up to IDR25Bn per company, or estimated.
Read More...Intiland Strengthen in Surabaya Property Potential Market
Intiland Development, Tbk (DILD:IJ) continues to strengthen its business performance, through the launch of new projects as well as that are being developed. After the successful in Fifty Seven Promenade in Jakarta, company will also continue to manage in Surabaya’s property potential.
Read More...Bank BTN Due Diligence amidst Acquisition of Danareksa Finance
The acquisition process of Danareksa Finance by Bank Tabungan Negara, Tbk (BBTN:IJ) still continues. The acquisition process is expected to be completed by the end of 2017. Currently, acquisition process is still at the due diligence stage, and Bank BTN target will acquired ownership of Danareksa Finance up to 80%. On the other hand, the.
Read More...Bank Ina Perdana Credit Growth Target up to 13% in 2018
Bank Ina Perdana, Tbk (BINA:IJ) sought its credit growth to double digits on next year, amidst to the domestic’s economy recovering projection. On the other hand, in front of the domestic economy was also influenced with concern political year. However, this optimism in two sectors such as trade and palm oil commodity can encourage the.
Read More...Arwana Citramulia Increase its Efficiency through Plant V
Arwana Citramulia, Tbk (ARNA:IJ) want to improve its efficiency by establishing the plant area V in Mojokerto, East Java. The company had recently built plant V in the area of Mojokerto, since ceramic products UNO got positive response in society. Previously, company relies on the production of wall ceramic in plant II that are in.
Read More...Astra Infra will Build Kertajati Access Toll
Astra Infra will continue doing business expansion on the toll roads. After the official owns Cikopo-Palimanan (Cipali) Toll Roads, company is planning to build Kertajati access toll roads. Toll access which is the addition of the Cipali Toll Roads region, is estimated reach 4km to 5km. Previously, the company has submitted plans to.
Read More...Total New Contract Worth IDR3.25Trn
Total Bangun Persada, Tbk (TOTL:IJ) record a new contract IDR3.25Trn until the end of October 2017. For the record, company’s new contract realization reached 81% from IDR4Trn target until the end of 2017. Some of the major projects include Thamrin nine phase 2, GOP 1.
Read More...Chandra Asri Issue Bonds IDR500Bn
Chandra Asri Petrochemical, Tbk (TPIA:IJ) is looking for funding from domestic capital market, amidst it successfully issued global bond worth USD300Mn. Company will issue ongoing initial public offering (PUB) with the acquisition of maximum fund up to IDR1Trn, or will issue IDR500Bn in December. For the record, the company recently obtained.
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