Search result for: "SOE"

Bank Indonesia’s rate cut and debt refinancing would drive some SOE’s to raise capital from bond issuance this year. Waskita Karya Tbk (WSKT:IJ idA/Stable) and Jasa Marga Tbk (JSMR:IJ idAA/Stable) seeks to release bonds worth IDR 2 trn and IDR 1,5 trn respectively. Waskita’s bond will be part of its two years bond program worth.

On this week trading, there were at least three issuers who stated to get the bond issuance out this year. Modernland Tbk (MDLN:IJ idA/Stable) seeks for the second tranche issuance this year following the first tranche release last year. The issuance will be part of IDR2 trn bond program of which IDR 750bn has been.

Some Indonesia State Owned Enterprise (SOE)s who have stated to release bond next year were; Jasa Marga, Tbk (JSMR:IJ), Wijaya Karya, Tbk (WIKA:IJ), Semen Indonesia, Tbk (SMGR:IJ) and PP Properti, Tbk (PPRO:IJ). In the purposed state budged 2016, WIKA would receive IDR 3 trn from state capital to work on some infrastructure projects. The company.

Soechi Lines has decided to downsize the new IPO shares issuance from 2.5bn shares (30%) to ~1.25bn shares or 15%. The IPO price has also been set at IDR550/share, lower than the previous range of IDR600-800/share. This action was taken by the management due to unfavourable market and industry condition. Therefore, Soechi will gain IPO.

The IPO price of Soechi Lines is set at IDR550/share, lower than the initial range of IDR600 – 800 per share. Nonetheless, with the issuance of 2.57bn shares (30%) Soechi Lines will receive IDR1.4trn from the IPO fund. The funds will be used to expand its armada and pay off debts. Soechi is also allocating.

President Director of PT Zebra Nusantara Tbk Rudy Tanoesoedibjo added his shareholding in ZBRA. The decision was taken for investment purposes. Previously, on June 17, 2021, Rudy had increased ZBRA’s share ownership by 52,475,700 series B.

The issuer of ready mix and precast concrete producer PT Berkah Beton Sadaya Tbk. (BEBS) reshuffled the ranks of the board of commissioners and directors at the General Meeting of Shareholders (GMS). Berkah Beton President Director Hasan Muldhani said the appointment and dismissal of members of the board of directors and commissioners through the GMS.

Annual general meeting of shareholders (AGMS) of PT Bank QNB Indonesia Tbk. (BKSW) one of which approved the change in the composition of the company’s board of directors and board of commissioners. From the information disclosure submitted to the Indonesia Stock Exchange (IDX) on Monday (23/8/2021), it was stated that the AGMS approved the reshuffle.

MotionBanking, a digital banking application from PT Bank MNC Internasional Tbk (BABP) is claimed to have extraordinary potential, due to the ability of the MNC Group’s vast ecosystem, including people who have not been touched by banking financial.

PT Garudafood Putra Putri Jaya Tbk (GOOD) posted an increase in sales performance in the first quarter of 2021. Launching the company’s financial report, Tuesday (6/7), this food and beverage issuer managed to increase net sales by 1.20% to Rp 2.27 trillion from the previous Rp 2.24 trillion in the first quarter of.