Kresna Graha Revenue Growth to Above 200%
Kresna Graha Investama, Tbk (KREN:IJ) reported its revenue grew more than 200% in 3Q17, supported by securities trading and sale of electronic voucher revenue to boost the company’s performance. According to its financial report, company recorded revenue growth of 202.69% YoY became IDR597.34Bn, compare to same period last year IDR197.34Bn. This revenue surge from a.
Read More...Nusa Konstruksi Enjiniring and Macmahon Builds Mine Project
Nusa Konstruksi Enjiniring, Tbk (DGIK IJ) continues to pursue new projects, since it just got a mining gold and copper construction contract in the region of Tujuh Bukit or Gunung Tumpang Pitu, Banyuwangi, Jawa Timur. Company is joint venture with Macmahon Holding Limited, is trusted to work on the construction in one of the biggest.
Read More...Bank BRI will Acquire Several Securities Company
After acquired 35% of Bahana Artha Ventura (BAV) through a private placement, Bank Rakyat Indonesia, Tbk (BBRI:IJ), is also being targeted securities company will be used as the subsidiary. The plans of formation securities company is already entered in the Bank BRI’s corporate action plan. Previously, Bank BRI mentions not only Bahana Sekuritas that will.
Read More...BOT Mitsubishi UFJ will Support Bank Danamon’s Credit
As we know, Bank of Tokyo-Mitsubishi UFJ (BTMU) planned to acquire around 40% stake in Bank Danamon, Tbk (BDMN:IJ). Financial institution in Japan which is the origin of the subsidiary Mitsubishi UFJ Financial Group, will be pursued as the majority owner. The value of this acquisition of initial investment reached 200 billion yen, or equivalent.
Read More...Bank Mayora Entering to Group of BOOK II
Bank Mayora, a subsidiary of Mayora Indah, Tbk (MYOR:IJ), have prepared strategies after entering into group of BOOK II in 2016. Currently bank has core capital worth IDR1.08Trn, and the bank will optimize the business not owned when it was the BOOK I, such as internet banking, mobile banking, cash management, and bancassurance. Company is.
Read More...Bank BCA Prepare Fund IDR200Bn for Venture Capital
Bank Central Asia, Tbk (BBCA:IJ) through its subsidiary, namely Central Capital Venture (CCV), injects funds to startup companies, such as klikacc.com and garasi.id. Bank BCA has already prepare the fund worth IDR200Bn for venture capital. While, the capital depends on the cooperation with the venture company, around IDR20Bn up to IDR25Bn per company, or estimated.
Read More...Intiland Strengthen in Surabaya Property Potential Market
Intiland Development, Tbk (DILD:IJ) continues to strengthen its business performance, through the launch of new projects as well as that are being developed. After the successful in Fifty Seven Promenade in Jakarta, company will also continue to manage in Surabaya’s property potential market, amidst the economy growth and infrastructure area, via the development of new.
Read More...Bank BTN Due Diligence amidst Acquisition of Danareksa Finance
The acquisition process of Danareksa Finance by Bank Tabungan Negara, Tbk (BBTN:IJ) still continues. The acquisition process is expected to be completed by the end of 2017. Currently, acquisition process is still at the due diligence stage, and Bank BTN target will acquired ownership of Danareksa Finance up to 80%. On the other hand, the.
Read More...Bank Ina Perdana Credit Growth Target up to 13% in 2018
Bank Ina Perdana, Tbk (BINA:IJ) sought its credit growth to double digits on next year, amidst to the domestic’s economy recovering projection. On the other hand, in front of the domestic economy was also influenced with concern political year. However, this optimism in two sectors such as trade and palm oil commodity can encourage the.
Read More...Arwana Citramulia Increase its Efficiency through Plant V
Arwana Citramulia, Tbk (ARNA:IJ) want to improve its efficiency by establishing the plant area V in Mojokerto, East Java. The company had recently built plant V in the area of Mojokerto, since ceramic products UNO got positive response in society. Previously, company relies on the production of wall ceramic in plant II that are in.
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