Nusa Raya and Jasa Marga Consortium Build Subang-Patimbang Toll Road
PT Nusa Raya Cipta, Tbk (NRCA IJ) and PT Jasa Marga, Tbk (JSMR IJ) are building the construction of Subang-Patimbang toll road, to realize the 41 km freeway. The project development initiative document, incorporated by the NRCA-JSMR consortium and is in the process, while the evaluation is targeted to be completed in the near.
Read More...Sat Nusapersada Produce Nokia Smartphone
PT Sat Nusapersada, Tbk (PTSN IJ), engaging in assembly and electronic industry, will start its production of Nokia smartphone, the mobile phones from Finland. From the market side, company’s stock price has been increasing since September 5, 2017 at level IDR124 per share, increase to IDR146 per share on September 6, 2017, driven by its.
Read More...Capex Allocation of Golden Energy USD12Mn in 1H2017
PT Golden Energy Mines, Tbk (GEMS IJ) is allocating its capital expenditure worth USD12mn in 1H2017, prepared for mining operations. While last year’s capex was only USD2mn, amidst company was not too aggressive for expansion and global coal price volatility. Currently, company realized its capex worth USD1mn in 1Q2017 to upgrade crusher and for.
Read More...Telkom’s ATM Service Restoration Reaches 66%
PT Telekomunikasi Indonesia (Persero), Tbk (TLKM IJ), is the largest telecom service provider in Indonesia, has restored 66% of Automated Teller Machine (ATM) service affected by Telkom 1 satellite network disturbance. As of September 5, 2017, around 7,658 sites out of a total of 11,574 Very Small Aperture Terminal (VSAT) sites of ATM’s service platforms.
Read More...Ketapang Block Operator Drill Two Well at Lapangan Bukit Tua
Ketapang Block Operator, is owned by PT Saka Ketapang Perdana by 20% and Petronas 80%, is will drill two new wells in Lapangan Bukit Tua to increse production from 15,000 to 20,000 barrels of oil per day (BOPD). PT Saka Ketapang Perdana is a subsidiary of PT Perusahaan Gas Negara (Persero), Tbk (PGAS IJ). Meanwhile,.
Read More...Indotan Lombok Increased Ancora’s Economic Value
PT Ancora Indonesia Resources, Tbk (OKAS IJ) acrquired Indotan Lombok Pte Ltd worth USD2mn, to increase Ancora’s economic value for the long-term. On the other hand, the asset will be optimized through synergy among the company’s subsidiary. For the record, Indotan Lombok Pte Ltd has 90% stake in PT Indotan Lombok Barat Bankit, the owner.
Read More...Intraco Penta’s Revenue Reach IDR1Trn
PT Intraco Penta, Tbk (INTA IJ), a heavy equipment distribution company, reported its revenue up to IDR1trn in 1H2017, consist of sales worth IDR726.71bn, services IDR194.37, financing IDR41.56bn, manufacturing and others worth IDR38.56bn and IDR4.70bn respectively. Meanwhile, company’s sales revenue mostly contributed by Kalimantan worth IDR701.20bn and Jawa along with other areas worth.
Read More...Golden Energy Credit Facility Worth USD35Mn from Bank Mandiri
PT Golden Energy Mines, Tbk (GEMS IJ) prepared its working capital credit facility worth USD35mn, to support its operational growth. Previously, company has the approval from its shareholders through the extraordinary shareholders meeting (RUPSLB) on September 4, 2017, to submits loan to PT Bank Mandiri (Persero), Tbk (BMRI.
Read More...Waskita Karya Issue Bond IDR10Trn
PT Waskita Karya (Persero), Tbk (WSKT IJ) plans to issue bond with a total worth IDR10trn. For tranche I, company offers bond worth IDR3trn during the bookbuilding period starting from September 6, 2017 to September 19, 2017. While tranche II and tranche III worth IDR5trn, will be offered in year 2018. Waskita Karya has regularly.
Read More...Bank BRI Focus on Niche Market
PT Bank Rakyat Indonesia (Persero), Tbk (BBRI IJ) targets growth up to 12% in customer in 2017. To enlarge the market, company focus reaching areas that are rarely reached by competitors. Company is also opens new market access by utilizing BRILink agents, and BRI ship terraces to serve customers in remote.
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