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Nusantara Infrastructure Prepare IDR10Trn for Toll Roads

By administrator | November 10, 2017 | Infrastructure Transportation

PT Nusantara Infrastructure, Tbk (META IJ) will be more aggressive in business expanding since officially controlled by Metro Pacific Investment Corporation (MPIC) through PT Metro Pacific Tolways Indonesia. Nusantara Infrastructure will prepare funds around IDR9trn to IDR10trn by the end 2018, for business development in highway projects. For the record, company never again expanding on.

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Hotel Mandarine Fixed its Performance

By administrator | November 10, 2017 | Misc Industry

PT Hotel Mandarine Regency, Tbk (HOME IJ) was held an extraordinary general shareholders meeting, with the result was announced that the its parent company, Goodway Hotel, received the approval of the loans transfer from PT TEZ Capital and Finance to PT Bank Maspion Indonesia, Tbk, including Bank Maspion will provide the loan guarantee. Company hope.

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Wika Beton Capital Expenditure Worth IDR470Bn

By administrator | November 10, 2017 | Infrastructure Transportation

PT Wijaya Karya Beton, Tbk (WTON IJ) or Wika Beton is already absorbing its capital expenditure to IDR470bn out of total IDR682bn in 2017. Until the end of the year, the company target obtain of revenue amounting to IDR5.1trn. While, the rest of company’s capital expenditure funds source came from the proceed of the initial.

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Gas Negara Sells CNG Gas 12Kg

By administrator | November 10, 2017 | Infrastructure Transportation

PT Perusahaan Gas Negara (Persero), Tbk (PGAS IJ) started doing various ways to improve its performance. One of them is by selling gas in the equivalent LPG 12Kg and 50Kg. But unlike the Pertamina sellss liquefied petroleum gas (LPG). Gas Negara through its subsidiary PT Gas Energi Indonesia sells compressed natural gas (CNG) to entrepreneurs..

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Budi Starch Acquisition Tapioca Factory

By administrator | November 10, 2017 | Basic Industry

PT Budi Starch & Sweetener, Tbk (BUDI IJ) wanted to add a tapioca flour mill, through the acquisition of tapioca factory in Lampung at the end of 1H18. Company want to acquisition factory with capacity of 30,000 tonnes of tapioca annually. Since the company must to revitalize its old factory first. The value of acquisition.

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Mustika Ratu Profit Worth IDT1.5Bn

By administrator | November 10, 2017 | Consumer Goods

PT Mustika Ratu, Tbk (MRAT IJ), the manufactures of cosmetics and body care, note reduced income in 3Q17. However, the company is overcome by saving spending in favor of pursuing profit. According to its financial statements in 3Q17, the company experienced a decrease in income of around 8.8% to IDR236bn. Whereas in 3Q16 company noted.

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Spindo Production Decrease, amidst High Prices Raw Material

By administrator | November 10, 2017 | Misc Industry

PT Steel Pipe Industry of Indonesia, Tbk (ISSP) or Spindo is not increase its production, due to steel prices increased. According to company’s statement, possibility the production until the end of this year is slightly down compared to last year. For the record, this year’s production target range of 360,000 tonnes – 370,000 tonnes. Whereas.

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Mitra Pinasthika Develop a New Business Model

By administrator | November 10, 2017 | Finance

In the late year 2017, PT Mitra Pinasthika Mustika, Tbk (MPMX IJ) is revisiting its business model, amidst a positive financial performance. Company registered a net income of IDR363bn in 3Q17, or increase 25% compare the same period 2016. Company’s business development will continue to be done in the sector of the supply chain with.

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Efficiency Support Profit of Panorama Sentrawisata

By administrator | November 9, 2017 | Trade Services

PT Panorama Sentrawisata, Tbk (PANR IJ) record a decline in revenue in 3Q17. A surge in interest income and equity in net loss of entities of the association was still able to make the company earn a profit. In 3Q17, company recorded a decline in revenue of 3.61% to IDR1.47trn. Whereas in the same period.

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Chandra Asri’s Tire Business Operates 2018

By administrator | November 9, 2017 | Misc Industry

PT Synthetic Rubber Indonesia (SRI), a tire fiber raw material factory, immediately realized. The process of the construction of the plants, is the result of a joint venture between PT Chandra Asri Petrochemical, Tbk (TPIA IJ) with tire manufacturer PT Michelin Indonesia was almost final or reached 93.5% in 3Q17. The process of a synthetic.

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