Search result for: "ASII"

The purchase of Martabe gold mine (North Sumatra) by one of its subsidiary Astra International, Tbk (ASII IJ), that United Tractors, Tbk (UNTR IJ) using investment funds. Astra International requires fund USD1.2Bn or approximately IDR17Trn to IDR18Trn. The year 2018, capital expenditure (capex) consolidation worth.

United Tractors, Tbk (UNTR IJ) continued the positive performance registered over the period 1H2018. Throughout the first six months, income of the subsidiary of Astra International, Tbk (ASII IJ) was recorded at IDR38.94Trn, or rose 32.31% compared with the same period in.

The plan of United Tractors Tbk (UNTR IJ) soon had its own mines, post acquisition of 95% share through takeover agreement of Agincourt Resources Pte Ltd in Agincourt Resources of worth around USD917.9Mn. The subsidiary of Asta International, Tbk (ASII IJ), United Tractors will take over.

PT Astra International, Tbk (ASII IJ) targeted its capital expenditure (capex) up to IDR14trn in 2018. The amount of company’s capex, is an average that almost occurred every year, and the source from internal cash. However, alternative bank loan also could still be taken, especially if needed. During 9M17, the company on consolidated basis still.

PT Astra International, Tbk (ASII IJ) reported its net profit worth IDR14.18trn, growth 26% YoY amidst the continued strengthening of commodity prices. Strong coal prices any profitable volume of heavy equipment and mining contracting. The growth of company’s net income reached double digits. Until September 2017, net income reached IDR150.22trn, growth 14% from IDR132.29trn on.

Astra Sedaya Finance, one of subsidiary Astra International, Tbk (ASII:IJ) is offering its Shelf Registered Bond III Tranche IV Year 2017 coupon bonds up to 7.65% per annum. While the bond value totaling IDR1.8trn, and consist of three series: series A tenor 370-days worth IDR975bn with coupon rate at 6.25%, series B tenor 3-years worth IDR625bn coupon rate7.5%,.

Astra Sedaya Finance, one of subsidiary Astra International, Tbk (ASII:IJ), will issue its Shelf Registered Bond III Tranche IV Year 2017 totaling IDR1.8trn on October 26-27, 2017. The bonds is consist of three series, namely: the A series worth IDR975bn tenor 370-days with coupon rate 6.25% p.a, the B series IDR625bn tenor 3-years coupon rate 7.50% p.a, and the.

PT Astra International, Tbk (ASII IJ), a company with strong brand portfolio (which includes Toyota, Daihatsu, Isuzu, BMW, Komatsu, and Honda Motor), will distribute its 2017’s interim dividend worth IDR55 per share. According to company’s statement, the Board of Commissioners has agreed to distribute its fiscal year ending on 31 December 2017’s interim.

PT Astra International, Tbk (ASII IJ), a company with strong brand portfolio (which includes Toyota, Daihatsu, Isuzu, BMW, Komatsu, and Honda Motor), will distribute its 2017’s interim dividend worth IDR55 per share. According to company’s statement, the Board of Commissioners has agreed to distribute its fiscal year ending on 31 December 2017’s interim.

We initiate coverage on Express Transindo with a NEUTRAL and a DCF-derived IDR200 TP. The Saratoga M&A cancellation on non-conducive market conditions resulted in a 74% YTD drop in share price. Its focus now is on improving the financial performance via a business reorganisation, lowering gearing levels and improving receivables collection. We opine for slower.