Kalbe Farma Capital Expenditure Realization Reached 70%
PT Kalbe Farma, Tbk (KLBF IJ) estimated its capital expenditure (capex) worth IDR1.2trn in 2017, with the realization worth IDR820bn which was used for the development of the plant. For the record, the company expansion in three factories, was located in Pulogadung, Cikarang, and Cikampek. Factory recipes for injection was at Pulogadung. Meanwhile, factories located.
Read More...Recalculate TPS Food’s Valuation after Divestment
PT Tiga Pilar Sejahtera Food, Tbk (AISA IJ) planning to divest its rice production subsidiary. The company will take off 70% of its subsidiary namely PT Dunia Pangan. Reasonable valuation of the Dunia Pangan reached IDR3.58trn. TPS Food hope was able to pay off its debt worth IDR2.37trn gradually from this divestment. Dunia Pangan is.
Read More...Indika Energy Bond Oversubscribed 6 Times
PT Indika Energy, Tbk (INDY IJ)’s bond experienced a 6 times oversubscribed. Bonds worth USD575mn has a coupon rate at level 5.875% and re-offer yield at level 6.125%. The proceeds will be used as one of funding for purchase of an additional 45% stake in PT Kideco Jaya Agung. Bont with a tenor of 7-years.
Read More...Ultrajaya Net Profit Growth 17.28%
PT Ultrajaya Milk Industry & Trading Company, Tbk (ULTJ IJ) recorded net profit worth IDR640.81bn in 3Q17, growth 17.28% compare to same period 2016 worth IDR546.39bn. Company recorded sales of IDR3.58trn, or increase 3.55% from IDR3.45trn during that period. Company’s sales obtained from local and export markets, with sales contribution came from food and beverage.
Read More...Intraco Penta Heavy Equipment Sales Growth 100%
PT Intraco Penta, Tbk (INTA IJ)’s heavy equipment sales during 9M17, grew almost doubled compare to same period 2016, although company’s consolidation sales growth is more limited. The company has managed to realize the sale of heavy equipment up to September this year as much as 452 units. The number was increased by 61% over.
Read More...Dwi Aneka Jaya Kemasindo Sales Worth IDR15.21Bn
PT Dwi Aneka Jaya Kemasindo, Tbk (DAJK IJ) reported its sales worth IDR15.21bn in 3Q17, compare to same period 2016 worth IDR246.11bn. A drop in the company’s sales is caused by a drastic reduction in sales of offset printing business as well as the absence of sales of cardboard business wave. This suppresses the amount.
Read More...Sri Rejeki Got Private Placement Approval
PT Sri Rejeki Isman, Tbk (SRIL IJ) finally got approval from shareholders to increase the capital through private placement. Company will aiming fresh fund of IDR658.44bn from this corporate actions. The plan was approved by the company’s private placement 100% shareholders who attend the general shareholders meeting. The company plan to issue a maximum 10%.
Read More...Garuda Indonesia Profit Targets USD72Mn in 2H18
PT Garuda Indonesia (Persero), Tbk (GIAA IJ) was trying pressing its loss, since this 4Q17 the company aiming profit USD5mn – USD10mn. In FY17, the airline is targeting the loss down about 23.7% of losses in 1H17. For the record, company record profit worth USD61.9mn during the period July – September, and meaning the total.
Read More...Erajaya Absorbs 86% of its Capital Expenditure
PT Erajaya Swasembada, Tbk (ERAA IJ) have been using 86.47% of its capital expenditure (capex) as of September 2017. This retail company spends IDR100bn capex for the year 2017. Previously, company planning to use its capex for the addition of new outlets and the refurbishment or development of existing outlets. In 1Q17, Erajaya operates as.
Read More...Wijaya Karya is Ready to Issue Komodo Bonds USD400Mn
PT Wijaya Karya (Persero), Tbk (WIKA IJ) optimist may issue Komodo Bonds worth USD400mn at the end of 2017. The bond issuance that are assisted by a number of securities companies, such as PT Mandiri Sekuritas, PT Bahana Sekuritas, and others. For the record, Komodo Bonds is a term form bonds with rupiah denominated but.
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