Nippon Indosari Entered South Korea Market
PT Nippon Indosari Corpindo, Tbk (ROTI IJ), bread producer with strong distribution channels in the modern trade and traditional markets, signed a partnership with Caffebene, to distribute its products in 576 Caffebene outlets in South Korea. Nippon Indosari will supply a variety of cake and pastry with Caffebene brand in an outlet-outlet Caffebene started December.
Read More...Telkom Inorganic Expansion to Continue
PT Telekomuniksai Indonesia, Tbk (TLKM IJ)’s plan to continue its inorganic expansion, was entered into the final stage, since there are three companies which were acquired. Those company is a foreign company, came from Malaysia and one of them listed in Singapore Stock Exchange. For the record, the third companies are engaged in satellite technology.
Read More...Intiland Marketing Sales Worth IDR3Trn
PT Intiland Development, Tbk (DILD IJ) reported its marketing sales worth IDR3trn until the of 3Q17, or 131% from company’s target in the year 2017. During 3Q17, marketing sales increased significant 115% YoY compare to same period 2016 worth IDR1.4trn. The industrial region contributed 18% of all earnings, while recurring revenue income was also contributed.
Read More...INCO’s Nickel Matte Production Continues to Rise
PT Vale Indonesia, Tbk (INCO IJ)’s production of nickel matte is continues to rise, since its production in 3Q17 higher 0.28% than compared to previous quarter. During 3Q17, company producing the nickel matte as much as 20,163 metric tons, while in 2Q17 as much as 20,107 metric tons. The approximate of production year 2017, were.
Read More...Mitra Adiperkasa Sold its Stake in MAP Boga Adiperkasa
PT Mitra Adiperkasa, Tbk (MAPI IJ), is one of Indonesia’s largest retailers targeting the medium to premium end segment, was planning to sell its assets in its subsidiary namely PT MAP Boga Adiperkasa, Tbk to a number of important employees at the.
Read More...PP Properti’s MTN Offering Coupon 10.15%
The medium term notes (MTN) VIII of PT PP Properti, Tbk (PPRO IJ), is offering coupon rate at level 10.15%. The MTN’s principal amount worth IDR200bn, with tenor 3-years or will due on October 20, 2020, with PT Bank Mandiri (Persero), Tbk (BMRI IJ) is act as underwriter. For the record, PP Properti reported its.
Read More...Total New Contract Worth IDR3.15Trn
PT Total Bangun Persada, Tbk (TOTL IJ), Indonesia’s largest listed private construction company, reported its new contract worth IDR3.15trn until the end of September 2017, or 78.7% from the target IDR4trn until the end of 2017. Some of company’s major projects include: Thamrin nine phase 2, GOP 1, Chitaland Tower, Taman Permata Buana Apartments, and.
Read More...Visi Media Plans to Issue Bonds
PT Visi Media Asia, Tbk (VIVA IJ) are conducting a related discussion of the process of bonds issuance within the country and abroad. The purpose of bonds issuance are to lower the level of company’s loan interest expenses. In addition, company will refinancing its debt worth UDS230mn through a new loan facility with eight international.
Read More...Hartadinata Abadi Seeks Revenue IDR2.5Trn
PT Hartadinata Abadi, Tbk (HRTA IJ), a gold jewelry manufacturer and provider, targeting its revenue up to IDR2.5trn through its jewelry sales up to 9.2 tons. During July to September 2017, company reported its net profit worth IDR95bn, or increased 28.4% YoY from previous IDR75bn. While in 3Q17, company’s total revenue was also 13.1% YoY.
Read More...Mark Dynamics Maintained its Cost of Good Sold
PT Mark Dynamics Indonesia, Tbk (MARK IJ), a ceramics and porcelain company, reported its revenue worth IDR105.78bn and the cost of good (COGS) sold IDR72.03bn, or around 68% of the revenue in 1H2017. The percentage is lower than same period 2016 around 87.3%, or revenue and COGS worth IDR100.60bn and IDR87.88bn respectively. Consequences of its.
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