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Moody’s Rates Baa2 to Bank BRI USD Senior Notes

By administrator | July 11, 2018 | Finance.

Bank Rakyat Indonesia, Tbk (BBRI:IJ) was rated Baa2 with stable outlook by Moody’s Singapore for its long-term foreign currency senior unsecured notes that is denominated in US dollar. This rating tallies with the rating for the bank’s deposit in foreign exchange as well as sovereign.

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Supra Boga Lestari Adjust its Product Selling Price amidst Rupiah Weakened

By administrator | July 10, 2018 | Trade Services.

Supra Boga Lestari, Tbk (RANC:IJ) continue to observe an increase in the exchange rate of the US dollar against the rupiah. Since the exchange rate above IDR14,300 level per US dollar, according to the reference rate Jakarta Interbank Spot Dollar Rate (JISDOR). The exchange rate had an impact not only on the price of imported.

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Arpeni Pratama Ocean Line to Restructure USD400Mn Debt

By administrator | July 3, 2018 | Infrastructure Transportation.

Arpeni Pratama Ocean Line, Tbk (APOL:IJ) plans to restructure its debt of USD400Bn that is harming the company’s net profit, stated the management who emphasized its concern on rupiah depreciation against US dollar and the high interest rate from the debt. The company has been in the restructuring progress since 2015 and plans to.

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Mitra Pinasthika Develop a New Business Model

By administrator | November 10, 2017 | Finance.

In the late year 2017, PT Mitra Pinasthika Mustika, Tbk (MPMX IJ) is revisiting its business model, amidst a positive financial performance. Company registered a net income of IDR363bn in 3Q17, or increase 25% compare the same period 2016. Company’s business development will continue to be done in the sector of the supply chain with.

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Golden Energy Credit Facility Worth USD35Mn from Bank Mandiri

By administrator | September 7, 2017 | Mining.

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.

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Metrodata Electronics Invest in Startups

By administrator | August 4, 2021 | Trade Services.

Metrodata Electronics Tbk (MTDL) confirmed that it would expand its steps by investing in start-up companies or startups in line with current developments. As reported by the information disclosure of the Indonesia Stock Exchange (IDX), Tuesday (3/8/2021), this Information and Communication Technology issuer has signed an agreement in the form of a subscription agreement with.

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Bina Buana Raya Rights Issue

By administrator | June 15, 2021 | Infrastructure Transportation.

PT Pelayaran Nasional Bina Buana Raya Tbk (BBRM) plans to restructure its balance sheet. This shipping issuer will hold two corporate actions, namely reverse stock and rights issue. Through reverse stock, Bina Buana Raya will combine the nominal value of the.

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Bond Default in 3Q20

By administrator | November 6, 2020 | Trade Services.

Bond Default in 3Q20. The Covid-19 pandemic, which has not yet subside. It has increasingly disrupt business and corporate financial flows. In the third quarter of 2020, PT Pemeringkat Efek Indonesia (Pefindo) record three companies. Some of which had experience defaults and were at risk of.

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MEDC Gas and Steam Power Plant

By administrator | November 4, 2020 | Mining.

MEDC Gas and Steam Power Plant. PT Medco Energi Internasional Tbk. (MEDC) spends 32.5 percent of the capital expenditure of US $ 178 million or as much as US $ 58 million (equivalent to Rp. 828.53 billion at an exchange rate of Rp. 14,285) for electricity generation. This expenditure was use through Medco Power to.

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Sritex New Market Share

By administrator | August 11, 2020 | Misc Industry.

Sritex New Market Share. An Indonesia base company primarily engage in the integrate textile and apparel industry. Sri Rejeki Isman Tbk (SRIL IJ) state that it will increase sales. Of personal protective equipment (PPE) products abroad. After the export doors have been open since June.

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