Search result for: "Java"

PT Ciputra Development, Tbk (CTRA IJ), the most diversified real estate company in the country, reported its book sales IDR5trn from its targets marketing sales up to IDR8.5trn by the end of this year. Company’s marketing sales realization came from the realization of August worth IDR3.85trn, and the sales of 680 units worth IDR1.11trn in.

Besides sold its land and building assets in East Java worth IDR100bn, PT Modern International, Tbk (MDRN IJ), also has sold its asset in several places such as in Jakarta, Serang, and Bali. The proceed will be used to repay its debt in one of the creditor of the company’s loan, PT Bank CIMB Niaga,.

Jasa Marga, Tbk (JSMR IJ), a state-owned toll road operator, issued an asset-backed collective investment contract (KIK-EBA) on Thursday (30/08). This KIK-EBA’s issuance incoming bids reached IDR5.1trn, 2.5 times from its target IDR2trn (USD150mn), may be able to push down company’s cost of funding below bank interest. Under this KIK-EBA’s 5y tenors, Jasa Marga will.

BOND STRUCTURE Bond Name : Shelf Registration II SAN Finance Tranche II Year 2017 Issuance Size : IDR 1,500,000,000,000 (one trillion and five hundred billion rupiah) in principal amount Rating : idAA- (Double A Minus), stable outlook by PT Pemeringkat Efek Indonesia (“Pefindo”), AA(idn) (Double A), stable outlook by Fitch Rating Indonesia Tenures : Series.

PP Properti, Tbk (PPRO IJ) heavily build residential project in Cikarang, West Java with the aim market workers Jababeka industrial area. Subsidiary company of Perusahaan Pembangunan, Tbk (PTPP IJ) will manage the dwelling area of 4.6 Ha in Jababeka in 2017. PP Properti Financial Director, Indaryanto said, the development includes the construction of six residential.

Despite its operational performance facing short-term headwinds from new entrants like Telkom IndiHome and MNC Play Media, we remain positive on Link Net, given: 1. Its expansion into a new city (Malang) from July, plus Medan and Batam (3Q16); 2. New re-marketing strategy and improved product quality. Maintain BUY with a higher IDR6,100 TP (from.

We think: 1. The sharp rally in the share price of 42% (+42% over the past 12 months) has priced in the mid-term positive prospects on the stock; 2. Indosat’s strong growth in 1H16 is likely to normalise going forward with the realignment of post Lebaran packages. Positive catalysts will come from the active sharing.

Cikarang Listrindo, Tbk (POWR IJ), an electricity provider company, managed to sell off its stock as much as 1.6 billion shares, around worth IDR2.4trn through initial public offering (IPO), listed in Indonesia Stock Exchange (IDX) on Tuesday (14/06). Cikarang Listrindo sell off as much as 10% its shares at price at level IDR1,500 per shares..

Encouraging track record with new hospitals Mitra Keluarga Karyasehat’s (Mitra Keluarga) Kalideres hospital in the West Jakarta region, opened in Aug 2015, achieved breakeven EBITDA just four months after starting operations. March marks the first month it is net income-positive. It aims to start building its next hospital in Bintaro’s Section 3 Greater Jakarta area.

Management aims to open six Siloam hospitals and at least three Siloam Medica clinics this year We understand that its aggressive hospital expansion this year and next year would result in longer-term profitability and a much higher market share, especially for the Siloam hospitals in third-tier Indonesian cities. However, this year’s margins may be slightly.