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Pinehill Company Profile

By administrator | May 26, 2020 | Consumer Goods.

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

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Pinehill Acquisition Impact on Indofood CBP

By administrator | May 26, 2020 | Consumer Goods.

Pinehill Acquisition Impact on Indofood CBP. Indofood CBP Sukses Makmur Tbk (ICBP IJ) signed an agreement with Pinehill Corpora Limited and Steele Lake. The transaction, which was signed on Friday (05/22), is worth USD 2.99 billion, equivalent to IDR 44.25 trillion. ICBP will pay for the acquisition of USD 300 million with internal cash generated.

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Indofood Net Profit IDR 1.4 Trillion

By administrator | May 23, 2020 | Consumer Goods.

Indofood Net Profit IDR 1.4 Trillion. As well as, Indofood Sukses Makmur Tbk (INDF IJ) posted net profit growth or profit for the period attributable to the owner of the parent entity of IDR 1.4 trillion in the 1Q20. This figure rose 4% from INDF profit for the same period in the previous year by.

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Biography: Adi Saputra Tedjasurya

By administrator | March 22, 2020 | Infrastructure Transportation.

Biography: Adi Saputra Tedjasurya. Although the company he leads just took the floor on the Indonesia Stock Exchange (IDX) on March 13, 2020, Managing Director Makmur Berkah Amanda Tbk (AMAN IJ) Adi Saputra Tedjasurya is not new to the stock.

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Panic Buying due to Coronavirus

By administrator | March 22, 2020 | Trade Services.

Panic Buying due to Coronavirus. Public anxiety over the spread of the Coronavirus COVID-19 triggers panic buying. The basic ingredient needs retailers have already posted a surge in sales.

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Consumer Goods Excise Tax

By administrator | February 21, 2020 | Consumer Goods.

As well as, Consumer Goods Excise Tax. The Ministry of Finance proposes the imposition of an excise tax on sweetened beverage products. This proposal is due to the large number of Indonesian people affect by diseases due to sugar and sweet foods. We see the imposition of an excise tax on sweetened drinks being pass,.

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TPMA add Six New Ship

By administrator | January 5, 2020 | Infrastructure Transportation.

TPMA add Six New Ship. The local shipping issuer, Trans Power Marine, Tbk (TPMA IJ), targets revenue growth, and net profit of 10%-15% respectively this year. TPMA Management believes cruise business prospects are still.

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IPCC add Terminal Capacity

By administrator | January 4, 2020 | Infrastructure Transportation.

IPCC add Terminal Capacity. Indonesia Kendaraan Terminal, Tbk (IPCC) continued its expansion in 2020 this year, allocating capital expenditure (capex) worth IDR 250 Billion for.

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COCO: New Factory Operates This Year

By administrator | January 4, 2020 | Consumer Goods.

COCO: New Factory Operates This Year. Wahana Interfood Nusantara, Tbk (COCO IJ) continues the construction of a new factory covering area of 2,291.60 m2 in Sumedang, West Java in the year 2020. COCO hopes to operate the factory starting at 2H20, the previous post started the development process since mid November 2019.

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TPIA: Capex worth USD 430 Million Build Factory

By administrator | December 25, 2019 | Basic Industry.

TPIA: Capex worth USD 430 Million Build Factory. Chandra Asri Petrochemical, Tbk (TPIA) allocates a capital expenditure (capex) worth USD 430 Million in 2020. The allocation of this capex increase by about 19%.

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