Bank BNI’s Net Profit IDR8.4Trn
PT Bank Negara Indonesia, Tbk (BBNI IJ), is Indonesia’s fourth largest bank by asset size, reported its net profit IDR8.4trn as of August 2017, or increase 46.5% compare to previous period. This achievement supported by net interest income IDR19.4trn, or increase 11.9% compare to previous.
Read More...Sillo Maritime Sells Laksmini Worth IDR16.79Bn
PT Sillo Maritime Perdana, Tbk (SHIP IJ) sells Laksmini, one of its ship unit, on September 27, 2017, worth IDR16.79bn. Company is selling the ship to its affiliated, PT GHS Maritim Indonesia (GHS). For the record, Laksmini is rented by Petrochina International Jabung. After the agreement, Sillo Maritime is renting the ship from.
Read More...Minna Padi Purchases Bank Muamalat Shares IDR4.5Trn
PT Minna Padi Investama Securites, Tbk (PADI IJ) will become a shareholder, who previously acted as a standby buyer PT Bank Muamalat Indonesia plan to issue new shares with Pre-emptive Rights (HMETD) or a right issue. Minna Padi’s transaction purchase of shares of Bank Muamalat up to IDR4.5trn with ownership of 51%.
Read More...Trisula Textile Offers 300 Million of Shares
PT Trisula Textile, Tbk (BELL IJ), textile and garment manufacture company, will be listed its shares on Indonesia Stock Exchange (IDX) on October 3, 2017. Company offering 300 million with nominal value IDR100, and offering price at level IDR 150 per share. Meanwhile, around 70% the proceed will be used to buy new machines to.
Read More...BTPN’s Senior Notes II Rated AAA
PT Bank Tabungan Pensiun, Tbk (BTPN IJ), its senior notes II rated at AAA(idn) by Fitch Rating Indonesia, amidst the company will issue its bond worth IDR1.5trn with tenor 3-years. The issue of the senior bond tranche II, is a part of the Bank BTPN bond III program that was rated AAA(idn) stable by the.
Read More...CIMB Niaga Lowered its Deposit Rate to 6.35%
PT Bank CIMB Niaga, Tbk (BNGA IJ) lowered its deposit interest rate from 6.75% to 6.35%, in response to lower Bank Indonesia’s 7 Days Reverse Repo Rate to 4.25%. According to Financial Services Authority, regulates capping of deposits for banks BUKU IV is maximum 75 bps above the Bank Indonesia reference interest rate.
Read More...PTPP Launches Nine New Project
PT PP Property (Persero), Tbk (PTPP IJ), company’s main business in building and infrastructure (road and bridge, port, power plant, irrigation) construction, launches its nine new project until 2018. Meanwhile, four apartment project to be launched in 2018, they are: Apartments in Paragon Semarang, Kertajati, Yogya, and Cibubur. Company also continues its existing lands, such.
Read More...Rajawali Corpora Supports TAXI’s Operational
PT Rajawali Corpora will support operational of PT Express Transindo Utama, Tbk (TAXI IJ), through provides loan worth IDR37.5bn. The loan’s tenor is 5-years with interest rate at 5% per annum. For the record, Rajawali Corpora is the largest of TAXI’s shareholder as much as 51%, followed by 49% of public.
Read More...Modernland Realty’s Current Asset Worth IDR3.63Trn
PT Modernland Realty, Tbk (MDLN IJ) reported its current asset worth IDR3.63trn in 1H2017, lower than same period last year IDR3.92trn. Company’s current asset decreasing caused decline in its short term investment, inventories, prepaid taxes and prepaid expenses. Meanwhile, the current ratio at 1.53 times, or still strong to pay the short term bank.
Read More...Fitch Ratings Appoints BB/AA for Wijaya Karya
Fitch Ratings appoints PT Wijaya Karya, Tbk (WIKA IJ), one of the largest contractors in Indonesia, long term issuer default rating (IDR) of BB and national long term rating of AA(idn). Both ratings are on stable outlook. WIKA reported robust growth in 1H2017 by posting IDR9.48trn, higher than same period last year.
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