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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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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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Moratelindo Issue Bonds Worth IDR1Trn

By administrator | November 9, 2017 | Infrastructure Transportation.

PT Mora Telematika Indonesia (Moratelindo) will raise fresh fund through bond issuance worth IDR1trn. While the proceeds will be used for business expanding, such as: Java Submarine, International 3rd Route, Sumatra Submarine, Fiber to the home and to the building of 1 million home pass. All project are expected to be completed in 2019. On.

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HD Capital Recurring Income from Minihydro

By administrator | November 8, 2017 | Infrastructure Transportation.

PT HD Capital, Tbk (HADE IJ) would start sampling the recurring income from power plants by the year 2019. Currently, company is focus the final two power plant projects, each is targeted for completion in the year 2019 and 2020. After acquired a renewable energy provider, PT Panca Sinergi Perkasa (PSP), HD Capital will focus.

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Tigaraksa Spent 63% of Capex Year 2017

By administrator | November 8, 2017 | Consumer Goods.

PT Tigaraksa Satria, Tbk (TGKA IJ) is already absorbing its capital expenditure (capex) worth IDR63bn until 3Q17, or 8.4% from target this year worth IDR13.3bn. The majority of capex this year transferred by lease system. Not only that, the other lease system is also applied in working tools such as laptop, computers, desktops, printers, car.

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Nippon Indosari Build New Factory after Right Issue

By administrator | November 4, 2017 | Consumer Goods.

PT Nippon Indosari Corpindo, Tbk (ROTI IJ) issue as much as 1.15 billion its new shares, through a scheme of right issue. Company hoped could be pocketed extra fresh fund of IDR1.43trn. While the proceeds will be used to build four to six new factories in Sumatra, Borneo and Java. With the addition of a.

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Matahari Department Sales Worth IDR13.2Trn

By administrator | November 2, 2017 | Consumer Goods.

PT Matahari Department Store, Tbk (LPPF IJ) record its gross sales worth IDR13.2trn, with net revenues of IDR7.55trn during 9M17, or surviving in more or less the same level as last year. The performance of sale growth at the same store or same store sales growth (SSSG) recorded decreased 2.7% was mainly the result of.

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Aneka Gas Issues Bonds and Sukuk IDR300Bn

By administrator | October 20, 2017 | Basic Industry.

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.

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Austindo Sold Darajat Geothermal Indonesia

By administrator | October 19, 2017 | Misc Industry.

PT Austindo Nusantara Jaya, Tbk (ANJT IJ) finished sell its investment in PT Darajat Geothermal Indonesia, to Star Energy Geothermal (Darajat-Salak) BV and PT Barito Pacific, Tbk (BRPT IJ), totally worth USD30.14mn. Company’s sales action completed by September 2017. In addition to efficiency, Austindo is also stopped the sale of the tobacco.

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Bonlight Sold Nippon Indosari Shares

By administrator | October 18, 2017 | Consumer Goods.

Bonlight Investment Limited, one of the major shareholders of PT Nippon Indosari Corpindo, Tbk (ROTI IJ), sold its shares to the issuer in negotiations market. Shares crossing reached 789 million, with stock’s average price at level IDR1,235 per share and total value worth IDR1trn. Previously, Bonlight few times sell off its stock ownership on Nippon.

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