Astra Sedaya Offers Coupon up to 7.65%
Astra Sedaya Finance, one of subsidiary Astra International, Tbk (ASII:IJ) is offering its Shelf Registered Bond III Tranche IV Year 2017 coupon bonds up to 7.65% per annum. While the bond value totaling IDR1.8trn, and consist of three series: series A tenor 370-days worth IDR975bn with coupon rate at 6.25%, series B tenor 3-years worth IDR625bn coupon rate7.5%,.
Read More...PP Properti Sales Projection IDR2.33Trn in 9M2017
PT PP Properti, Tbk (PPRO IJ), a leading in property developer, reported its sales projection reach up IDR2.33trn during 9M2017, 60% higher than same period 2016. Company is targeting profit worth IDR435bn until the end of year, supported by launch several product such as: Apartment Weston View in Surabaya, Student Apartment Louvia in Jatinangor, and.
Read More...Central Proteina Converts its USD185Mn Bonds into Stock
PT Central Proteina Prima, Tbk (CPRO IJ), an aquaculture feed and food processing company, would convert its bonds worth USD185.78mn into stocks. According to this corporate action, company will increased its capital through private placement, offering as much as 19.10 billion new shares or equivalent to 32.07% from company’s issued and fully.
Read More...Erajaya Established a Subsidiary in Singapore
PT Erajaya Swasembada, Tbk (ERAA IJ), an importer, retail, and telecommunication device distributor company, expand its business through established a subsidiary in Singapore. Company is established Erajaya Swasembada Pte. Ltd in October 16, 2017, will be distribute and retail in Singapore with the shareholding totally owned by Erajaya.
Read More...MUFG Group Allocated USD893.4Mn for Banks Acquisition
Mitsubishi UFJ Financial Group Inc (MUFG Group), a holding of PT Bank Nusantara Parahyangan, Tbk (BBNP IJ), allocated fund up to 100 billion yen or equivalent to USD893.4mn, for banks acquisition in Indonesia. Company’s acquisition plan in Indonesia is part of inorganic growth in Asia and United States, since business in Japan are getting saturated.
Read More...Energi Losing Assets on the Buzi Block
PT Energi Mega Persada, Tbk (ENRG IJ) is losing its assets that exists in Mozambique, since its participating interest in Buzi Block disturbed. Management contract of the block ended this year, but Mozambique government is precisely not to extend the contract. For the record, Energi owns 75% stake of Buzi Block in in the year.
Read More...Aneka Gas Issues Bonds and Sukuk IDR300Bn
PT Aneka Gas Industri, Tbk (AGII IJ) will issue bonds and sukuk worth IDR150bn respectively or totaling IDR300bn, to refinancing company’s debt in early December 2017. Each bonds and sukuk, derived of two series, they are: series A with tenor 3-years and Series B tenor 5-years, has the same coupon rate indication for the both.
Read More...Visi Media Accelerate its Debt Repayment
PT Visi Media Asia, Tbk (VIVA IJ) is accelerates its debt repayment through debt refinancing. Company signed senior facility agreement, and junior facility agreement with guaranteeing documents for company’s debt refinancing worth USD230mn dated November 1, 2013. Company signed senior facility agreement worth USD173.60mn, and junior facility agreement worth USD78.37mn, or both totally worth.
Read More...Waskita Beton Profit Worth IDR825Bn
PT Waskita Beton Precast, Tbk (WSBP IJ) reported its profit worth IDR825bn in 3Q2017, 64% higher than same period 2016 worth IDR502bn. While the revenue up to IDR5.01trn, from IDR3.06trn during the same period. Company’s financial performance was supported by the new contract reach.
Read More...Smartfren Diluted 49% after Private Placement
PT Smartfren Telecom, Tbk (FREN IJ) will issue 150 billion shares or equivalent to 49% of issued and fully paid. This percentage is also illustrated the effect of dilution of corporate action. Previously, company is plan to offering Limited Convertible Bond III to improve its performance. As of company’s current shareholders are: PT Bali Media.
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