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S&P Downgrade ASRI Rating with Negative Outlook

By administrator | October 12, 2019 | Property Real Estate.

S&P Downgrade ASRI Rating with Negative Outlook. The Standard & Poor’s (S&P) rating agency Global Ratings lowers the debt rating of Alam Sutera Realty Tbk (ASRI) from B to B– with negative outlook. The rating decline also applies to the unsecured senior bonds of ASRI. The rating decline reflects the expectation.

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MD Pictures Hoping on Habibie and Ainun 3

By administrator | October 5, 2019 | Misc Industry.

MD Pictures Hoping on Habibie and Ainun 3. The financial performance of MD Pictures Tbk (FILM) along 1H19 is lower compared to the same period last.

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MTDL Expansion to Kalimantan

By administrator | October 4, 2019 | Misc Industry.

MTDL Expansion to Kalimantan. Metrodata Electronics Tbk (MTDL) sees promising business growth in the marketing area of Kalimantan. They wanted to follow the government’s plan to develop a new capital in the island of.

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ERAA Strategy Enlarges IoT Business

By administrator | September 15, 2019 | Trade Services.

ERAA Strategy Enlarges IoT Business. Erajaya Swasembada Tbk (ERAA) is utilizing a digital boom. This time, ERAA’s management will expand the Internet of Things (IoT) and lifestyle technology business lines this.

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TGKA Buys 24.9% of Blue Gaz Shares

By administrator | September 12, 2019 | Trade Services.

TGKA Buys 24.9% of Blue Gaz Shares. The distribution company, Tigaraksa Satria Tbk (TGKA), added a stake in Blue Gas Indonesia (Blue Gaz). As a result, TGKA shares ownership in.

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INTP: Coal Price Support Efficiency

By administrator | August 14, 2019 | Misc Industry.

INTP: Coal Price Support Efficiency. In the middle of cement market which over supply, Indocement Tunggal Prakasa Tbk (INTP) still able to boost its business performance. Companies are helped with production loads that can be maintained so as to gain a positive profit.

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Skin Care Support Mandom Indonesia Revenue

By administrator | July 31, 2019 | Consumer Goods.

Skin Care Support Mandom Indonesia Revenue. Cosmetic issuer, Mandom Indonesia, Tbk (TCID) recorded positive growth at 1H19. After the financial report of the period, the net sales of TCID grew by 8.61% YoY to IDR1.41Trn. The sales are the most from the sale of skincare and makeup.

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INDF: Add Ownership 6.7 Million Shares in IFAR

By administrator | July 5, 2019 | Consumer Goods.

INDF: Add Ownership 6.7 Million Shares in IFAR. Indofood Sukses Makmur Tbk (INDF), through disclosure information, announced the purchase of Indofood Agri Resources Ltd (IFAR) shares. Moreover, the company made a stock purchase on July 2 and 3,.

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IMAS Take Over KIA Motors

By administrator | July 1, 2019 | Infrastructure Transportation.

IMAS Take Over KIA Motors. After removing the ownership of the French brand, Renault, Indomobil Sukses International, Tbk (IMAS) is increasingly taking over the brand new.

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INKP Capital Expenditure worth USD280Mn

By administrator | June 29, 2019 | Misc Industry.

INKP Capital Expenditure worth USD280Mn. The two paper companies Sinar Mas Group namely, Tjiwi Kimia, Tbk (TKIM) and Indah Kiat Pulp and Paper, Tbk (INKP) prepare a plan to add machinery to achieve their sales target this.

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