Mitsubishi Officially Sold its Ownership in Medco Energi
After a decade of cooperation with PT Medco Energi Internasiona, Tbk (MEDC IJ), Mitsubishi Corporation is now officially sold off the rest its ownership to PT Medco Daya Abadi Lestari. Mitsubishi Corporation has been selling as much as 1.33 billion Medco Energi’s shares with the price IDR411 per shares on October 18,.
Read More...Transit Oriented Development Project Supports Adhi Net Profit
PT Adhi Karya, Tbk (ADHI IJ) is more serious on property business plan on transit oriented development (TOD), amidst to continue to add land development an integrated residential project with mass transportation. Company has acquired 50 Ha of land, and will be a 120 Ha for the next. With TOD projects, Adhi property segment business.
Read More...Fajar Surya Wisesa Sales Growth 8%
PT Fajar Surya Wisesa, Tbk (FASW IJ), a paper manufacturer company, was successfully recorded an increase in sales during 9M17. Unfortunately, the increased of cost of good sold, general and finance expense, as well as foreign exchange loss, made company noted the profit lower in 3Q17. For the record, company’s sales grew 7.99% YoY became.
Read More...Moody’s Rated Ba3 to Chandra Asri
Moody’s Investor Service rated of Ba3 against the bonds that will be issued by PT Chandra Asri Petrochemical, Tbk (TPIA IJ). Company is plan to issue senior unsecured notes worth USD300mn, guaranteed by its subsidiary, namely PT Styrindo Mono Indonesia and PT Petrokimia Butadiene.
Read More...PP Presisi Initial Public Offering at level IDR430 – IDR550 per Share
PT PP Presisi, a subsidiary PT PP (Persero), Tbk (PTPP IJ), offering its shares through initial public offering (IPO) priced at level IDR430 – IDR550 per share to investor during public offering since Monday, October 23, 2017. Company offering as much as 4.23 billion shares, or equivalent to 35% from its issued and fully paid,.
Read More...Bank Tabungan Negara Profit Reach IDR2Trn
PT Bank Tabungan Negara (Persero), Tbk (BBTN IJ), is the largest mortgage lender in Indonesia, reported its net profit reached IDR2trn in 3Q17, higher 24% compare to same period 2016 worth IDR1.62trn. The net profit driven by net interest income (NII) which is increase 16.95% to IDR6.54trn, compare to same period 2016 IDR5.59trn. While the.
Read More...Express Transindo Bond Yield at 40%
PT Express Transindo Utama, Tbk (TAXI IJ)’s became the most active traded in the market on Monday, October 23, 2017. The bond records volume up to IDR145bn, and yield at level 40%, continuing at the end of last week trend, when the bond are traded with a volume of IDR290bn and the yield at 150%..
Read More...WOM Finance Net Profit Worth IDR101Bn
PT Wahana Ottomitra Multiartha, Tbk (WOMF IJ) reported its net profit worth IDR101bn during 9M17, supported by multi-purpose channeling, portfolio quality improvement, and cost-efficiency. The net profit growth 78% compare to same period 2016 worth IDR57bn. During 9M17, company has been channeling financing to 327,000 units of vehicles, derived of 169,000 units for the new.
Read More...Bank BTPN Net Profit Reach IDR1.4Trn
PT Bank Tabungan Pensiunan Nasional, Tbk (BTPN IJ), is a leading player in pension payroll services in Indonesia, reported its net profit after tax worth IDR1.4trn as of 3Q17. While, if excluding acquisition and investment, company’s profit became IDR1.8trn. During January – September 2017, company has invested worth IDR624bn, or higher 77% compare to same.
Read More...Panorama’s Subsidiary Established New Company
PT Panorama Sentrawisata, Tbk (PANR IJ) through its subsidiary, PT Mitra Global Holiday, was established a new company namely PT Mitra Global Kapital on October 18, 2017. The basic capital of Mitra Global Kapital is worth IDR10bn, derived of 1 million shares with nominal value IDR10,000 per share, and its issued and fully paid capital.
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