Search result for: "Chandra Asri Petrochemical"

TPIA Remains Expansive. The decline in the average sale price of ethylene and polyethylene, resulted in the performance of Chandra Asri Petrochemical Tbk (TPIA) along 1H19. TPIA’s revenues fell 18.1% to USD 1.05 Billion from USD 1.29.

Fluctuations in world oil prices is enough to affect the performance of Barito Pacific, Tbk (BRPT IJ). However, analysts rate BRPT still has a bright business prospects this time of.

Barito Pacific, Tbk (BRPT:IJ) is planning to issue new shares as one of the fund alternatives for petrochemical factory development owned by Chandra Asri Petrochemical, Tbk (TPIA:IJ) in Cilegon. This factory needs USD4.5-5Bn investments, and the company plans to use equity and loans. However, the company will not conduct rights issue this.

PT Barito Pacific, Tbk (BRPT IJ) plan to buy back its stock, and will be carried out after the company pocketed the permission of the extraordinary shareholder general meeting on December 13, 2017. Barito preparing funds worth IDR200bn to buy back its 100 million of the company’s stock. The number of shares equivalent to 0.72%.

On the primary front, there are three new issuers offering bonds this week; i) Medco Energi, Tbk (MEDC IJ) (idA-/Neg) offering IDR750bn ii) Adira Dinamika Multifinance, Tbk (ADMF:IJ) (idAAA/Sta) targets IDR1trn issuance and iii) Chandra Asri Petrochemical, Tbk (TPIA:IJ, idA+/Sta) at IDR500bn. With these three bonds issuance, total corporate bonds this year will reach a.

Ciputra Residence One Million Houses Program. Property developer PT Ciputra Residence has state that it supports the one million house program. That the Government has echo by providing housing. In Kota Baru Maja, Lebak, Banten. According to him, this effort is a breakthrough in providing housing at affordable.

GGRP: Steel Domestic Demand Remains High. Gunung Raja Paksi Tbk (GGRP) officially became a public company, Thursday (19/9) then. GGRP aims at net profit of 2020 can reach USD 38.5 Million. This figure rises 48% YoY from this year’s profit target which is set at USD 26 Million. President Director of GGRP, Alouisius Maseimilian dare.

SRIL: US Exports Growth 3.2 Times. The integrated textile company, Sri Rejeki Isman, Tbk (SRIL) scored strong performance amid the uncertain global economic situation due to a trade war between the United.

TKIM and INKP adding Production Machines. The two paper companies Sinar Mas Group namely, Tjiwi Kimia Tbk (TKIM) and Indah Kiat Pulp & Paper Tbk (INKP) prepare a plan for adding machines to achieve their sales targets this.

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.