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Mandiri Tunas Finance Expans 4W Vehicle Financing

By administrator | October 5, 2017 | Finance

PT Mandiri Tunas Finance, a subsidiary of PT Bank Mandiri (Persero), Tbk (BMRI IJ), expands its four-wheeled financing, adding three new offices network in Eastern Indonesia, namely Jayapura, Sorong, and Ambon. Company is trying to contribute, in line with the growing development in these three cities, meet the needs in financing of motor vehicles (both.

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Graha Layar Prima Obtains Bank Loan Worth USD10Mn

By administrator | October 5, 2017 | Trade Services

PT Graha Layar Prima, Tbk (BLTZ IJ), known as the CGV Blitz, is obtain a short-term bank loan worth USD10mn from Citibank N.A, with corporate guarantee provided by CJ CGV as the controlling shareholders of the company. The proceed will be used for CGV’s working capital to support its main business and operational activities. Graha.

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TAXI Increase its Working and Cost Efficiency

By administrator | October 5, 2017 | Infrastructure Transportation

PT Express Transindo Utama, Tbk (TAXI IJ) is increase its working and cost efficiency, amidst company’s laid off around 250 employees until June 2017, and its fleet fell from 9,700 unit in December 2016 to 9,600 unit in June 2017. TAXI’s fleet utilization as much as 45%, and company has been collaborating with Uber and.

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Elnusa Pushes the Non Asset Based Sector

By administrator | October 5, 2017 | Mining

PT Elnusa, Tbk (ELSA IJ) is pushing the non asset based contribution, such as engineering services, procurement, construction, operation, and maintenance, to support company’s revenue. For the record, company received a number of projects in the operation and maintenance field during 2017, with some projects located in Papua for five years, and South Sumatra for.

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Nusa Kontruksi Revises its Target to IDR2Trn

By administrator | October 5, 2017 | Property Real Estate

PT Nusa Kontruksi Enjiniring, Tbk (DGIK IJ) revises its new contract target from IDR2.5trn to IDR2trn. Company has earned new contract worth IDR1.2trn until September 2017, needs to generate IDR800bn to reach the target. There are eight new infrastructure projects this.

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Garda Tujuh Buana Maintains its Expenses and Cost Operational

By administrator | October 5, 2017 | Trade Services

PT Garda Tujuh Buana, Tbk (GTBO IJ) is maintains its expenses and cost operational, in line seeking new customers to increase its revenue until the end of 2017. Company is seeking its new customers from domestic market, and overseas such as India, China, Thailand, and.

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Medco’s Revenue Increase 56%

By administrator | October 4, 2017 | Mining

PT Medco Energi Internasional, Tbk (MEDC IJ) reported its revenue worth USD403.53mn in 1H2017, or growth 56% compare to same period last year USD261.48mn. The largest contribution came from foreign customers worth USD289.25mn, and followed domestic customer USD114.28mn. According to revenue, company reported profit increase up to 564.69% from USD12.53mn to USD83.31 during that.

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Garda Tujuh Buana Targets its Revenue USD2.48Mn

By administrator | October 4, 2017 | Misc Industry

PT Garda Tujuh Buana, Tbk (GTBO IJ) targeted its revenue worth USD2.48mn, after signed up the contracts with China, India, and Thailand until the end of year 2017. On the other hand, company is optimistic to its revenue after they start operating in February.

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GMF Aero Asia will be Listed on IDX

By administrator | October 3, 2017 | Infrastructure Transportation

PT Garuda Maintenance Facility Aero Asia (Persero) (GMF), a subsidiary of PT Garuda Indonesia, Tbk (GIAA IJ), will be listed its shares on Indonesia Stock Exchange (IDX) this month. GMF offering 2,823,351,100 new shares or 10% from the total issued, and paid up capital after the Initial Public Offering (IPO). For the record, GMF already.

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Sritex’s Export Sales to USA and South America Increase Significantly

By administrator | October 3, 2017 | Misc Industry

PT Sri Rejeki Isman, Tbk (SRIL IJ) or Sritex reported its export sales increase from USD182.44mn in 1H2016 to USD211.88mn in 1H2017. Company’s biggest export were to Asia worth USD127.99mn, followed by Europe USD34.68mn, USA and South America USD32.86mn, UAE and Africa USD13.80mn, and Australia USD2.52mn. Sritex’s export sales to USA and South America increase.

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