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WSKT’s Subsidiary Injects IDR162Bn for Two Toll Road

By administrator | October 19, 2017 | Infrastructure Transportation

PT Waskita Toll Road, a subsidiary of PT Waskita Karya (Persero), Tbk (WSKT IJ), injects capital to two toll road project, namely Solo-Ngawi and Medan-Kualanamu-Tebing Tinggi totaling worth IDR162bn. In line with capital rising, Waskita Toll Road has a 40% stake in PT Solo Ngawi Jaya, or equivalent to 23.32 million shares worth IDR534.91bn. While.

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Lorena’s Revenues Worth IDR51.49Bn in 1H2017

By administrator | October 19, 2017 | Infrastructure Transportation

PT Eka Sari Lorena Transport, Tbk (LRNA IJ) reported its revenues worth IDR51.49bn in 1H2017, or lower than same period 2016 worth IDR59.94bn. For the record, Lorena’s revenues came from inter-city inter-province bus, transjakarta busway’s operator services, and short-haul inter-city inter-province’s bus. While, company’s others revenue came from packages fee services, scrap sales, insurance replacement,.

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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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Trikomsel Private Placement 20 Billion Shares

By administrator | October 19, 2017 | Trade Services

PT Trikomsel Oke, Tbk (TRIO IJ), a telecommunications device seller, is planning its new shares through private placement, by as much as 20 billion shares, with nominal value at IDR100 per share for Series A, and IDR50 per share for Series B. The private placement was approved by company’s extraordinary shareholder general meeting on June.

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Humpuss Finished its Oil Tanker Purchasing

By administrator | October 19, 2017 | Infrastructure Transportation

PT Humpuss Intermoda Transportasi, Tbk (HITS IJ) is purchased the tanker to transport the oil. The fund are came from an investment credit facility from PT Bank Negara Indonesia, Tbk (BBNI IJ) worth USD6.09mn, and the remaining USD3.91mn from Humpus Transportasi.

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Bondholder Approved Indika Energy’s Consent Solicitation

By administrator | October 19, 2017 | Mining

PT Indika Energy, Tbk (INDY IJ)’s plan to acquire PT Kideco Jaya Agung, amidst consent solicitation from company’s bondholder worth USD500mn which will be due in 2023. As much as 97.1% of bondholders are agree to company’s plan to acquires 45% of Kideco, the third-largest coal producer in Indonesia. For the record, the acquisition funds.

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PP Properti’s Landbank Reaches 100 Ha

By administrator | October 19, 2017 | Property Real Estate

PT PP Properti, Tbk (PPRO IJ), a subsidiary of PT PP, Tbk (PTPP IJ), has its landbank reaches 100 Ha until mid-October 2017, or targeting up to 200 Ha until the end of year 2017. In line with landbank increasing, company’s number of project site will be ready in 2018 became 26 sites, from 14.

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Multipolar Sell Kediri Town Square Worth IDR345Bn

By administrator | October 19, 2017 | Misc Industry

PT Multipolar, Tbk (MLPL IJ) sold its mall namely Kediri Town Square worth IDR345bn to PT Panca Permata Pejaten. The transactions is an affiliate, since Kediri Town Square owns by PT Prima Gerbang Persada. For the record, Prima Gerbang Persada, is a subsidiary of PT Nadya Putra Investama. While the buyer, Panca Permata Pejaten, is.

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Duta Intidaya’s Right Issue Worth IDR66Bn

By administrator | October 19, 2017 | Misc Industry

PT Duta Intidaya, Tbk (DAYA IJ), a health and beauty products retailer, will increase its capital through right issue offering as much as 343 million new shares, targeting total fund worth IDR66bn. Nominal value of the new shares at level IDR100 per share. The new shares issuance is equivalent to 14.17% from issued and fully-paid.

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MKNT Stock Split 1:5

By administrator | October 18, 2017 | Trade Services

PT Mitra Komunikasi Nusantara, Tbk (MKNT IJ) will split its stock’s nominal value with a ratio 1:5. Previously, company’s stock nominal value at IDR100 per share, and after stock split the nominal value will be at IDR20 per share. The corporate action has been approved in extraordinary general meeting of shareholders in Jakarta October 16,.

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