Search result for: "state owned enterprise"

Samudera Indonesia, Tbk (SMDR.:IJ) targets 25% ownership in Patimban Port operator consortium. The company has submitted letter of intent regarding this matter and currently waiting for details of auction documents from Ministry of.

Bank Mandiri, Tbk (BMRI:IJ) already disbursed people’s business credit (KUR) worth IDR8.72Trn as of July 4, 2018. Since the Ministry of State Owned Enterprises (SOEs) along with the Bank Mandiri as one of SOE, is constantly working to optimize the Small Medium Enterprise (SME) business through KUR.

Mining SOEs holding allocates IDR17Trn capital expenditure (capex) for FY18 where the largest Bukit Asam, Tbk (PTBA:IJ) will receive the largest allocation. Currently, holding members of state owned enterprise (SOE)s are discussing the capital expenditure’s source of.

Pembangunan Perumahan, Tbk (PTPP:IJ) believes that until the end of year 2017, going to obtain a positive cash flow, amidst cash flow issues that hit a number of construction companies belonging to state owned enterprise (SOEs). Company is targeting positive operating cash-flow up to IDR1.7Trn as of December 31, 2017, or records the rise compared.

Bank Maybank Indonesia, Tbk (BNII:IJ) is ready to issue the rest of ongoing bonds (PUB) worth IDR3Trn in the next year. This issuance plan is part of total Shelf Registered Bond worth IDR5Trn. Currently, company are anticipating a rise in the Fed interest rate (Fed fund rate), that could potentially occur in 4Q17 and next.

PT Wijaya Karya Gedung, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ), record a new contract worth IDR5.89trn until the end of October 2017 or about 80% of the target worth IDR7.4trn during the year. The new contract was about 49% comes from the government and state owned enterprise as well as other.

Deputy of Ministry of State Owned Enterprise (SOE) expects to PT Bank Rakyat Indonesia, Tbk (BBRI IJ) to acqire PT Bahana Artha Ventura this year. Ministry of SOE is speeding up the process of establishment, and expected to finished next year. For the record, government is preparing the scheme for the establishment of SOE Bank’s.

Semen Indonesia, Tbk (SMGR IJ) plans to sell one of its subsidiary, parts of company’s working capital increase plan. Based on 1Q2016 data, Semen Indonesia had 15 subsidiaries engaged in a variety of fields, such as the cement industry and supporting of industries cement. As a cement holding state owned enterprises (SOE), Semen Indonesia has.

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.

We are re-initiating coverage on the construction sector with an OVERWEIGHT for the following reasons: i) valuations are reasonable compared to regional players, ii) the government’s infrastructure projects are expected to accelerate earnings growth, iii) there are lower risks in executing projects, as laws will be enforced, iv) the property market’s outlook is solid for.