Search result for: "Lampung"

Sawit Sumbermas Sarana, Tbk (SSMS:IJ) canceled the issuance of global bond worth USD300Mn, tenor 5-years and with an indicative coupon rate at level 7%. The cancellation due to the yield increase in the global bond market. Meanwhile, incoming requests in the Asian region coupon at the level of 7.25%, and the number of incoming request.

PT Wijaya Karya Beton, Tbk (WTON IJ) or Wika Beton is already absorbing its capital expenditure to IDR470bn out of total IDR682bn in 2017. Until the end of the year, the company target obtain of revenue amounting to IDR5.1trn. While, the rest of company’s capital expenditure funds source came from the proceed of the initial.

PT Budi Starch & Sweetener, Tbk (BUDI IJ) wanted to add a tapioca flour mill, through the acquisition of tapioca factory in Lampung at the end of 1H18. Company want to acquisition factory with capacity of 30,000 tonnes of tapioca annually. Since the company must to revitalize its old factory first. The value of acquisition.

PT Semen Baturaja (Persero), Tbk (SMBR IJ) reported its September cement sales as much as 180,015 tonnes, or increase 11.1% compare to September 2016. We see cement consumption increased, and expected continue until the end of year 2017. For the record, infrastructure project support September mixed cement’s sales become 45,640 tonnes or increase 19% compare.

We just visited one of WIKA’s project site, Soekarno-Hatta Terminal 3 Ultimate (T3U). Here are our key takeaway points: Soekarno-Hatta Terminal 3 Ultimate is the extension of the existing Terminal 3 and meant to be the capacity extension to the currently over-capacity Soekarno-Hatta airport. The project is worth IDR4.7trn and the construction is being done.

PT Holcim Indonesia (SMCB IJ, Not Rated) will distribute interim dividend of IDR260.5bn or IDR34/share (1.2% yield). The dividend will be paid in October 2014 with cum date set on 19 September. Currently, the company is adding 1.7m tonnes of production capacity to the current Tuban mill #2. The additional capacity is targeted to start.

Management of PT Pembangunan Perumahan (PTPP IJ, Under Review) has announced that the company will build precast production facilities through subsidiary PT PP Pracetak. The investment will be around IDR200bn. The facilities will be built in Cilegon (West Java), Sadang (West Java), and Bakauhuni (Sumatera). Management expect the construction period will take about 2 years..

PT Pembangunan Perumahan (PTPP IJ, Under Review) will begin groundbreaking of the IDR20trn Grand Kamala Lagoon superblock project in Bekasi, West Java. The 25 ha superblock area is designed to have 25 apartment towers in the next 20 years. Other than that there are several more projects to come such as the groundbreaking for IDR5trn.

Pembangunan Perumahan, Tbk (PTPP IJ) will begin groundbreaking of the IDR20Trn Grand Kamala Lagoon superblock project in Bekasi, West Java. The 25 ha superblock area is designed to have 25 apartment towers in the next 20 years. Other than that, there are several more projects to come such as the groundbreaking for IDR5Trn Grand Sungkono.

PGAS’ long term outlook remains bright despite concerns over its short term gas supply. As Indonesia’s largest gas distributor with an 85% market share, it is well positioned to venture into other gas-related businesses as well as undertake upstream takeovers. We see PGAS as a defensive rotational play given its strong domestic exposure, which partly.