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Industrial Bank of Korea Commitment

By administrator | October 10, 2020 | Finance.

Industrial Bank of Korea Commitment. In April 2020, AGRS conducted right issue with a price of IDR 170 per share. The bank, which focuses on financing MSMEs, released 4.72 billion units of shares and received fundings worth IDR 803.32 billion. With this right issue, the share ownership of Industrial Bank of Korea (IBK).

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Provident Agro Reduces Capital in Subsidiaries

By administrator | September 18, 2020 | Agriculture.

The plantation issuer, PT Provident Agro Tbk., reduced the authorized, issued and paid-up capital of its subsidiary, PT Suwarna Arta Mandiri. Citing the company’s disclosure of information on the official website of the Indonesia Stock Exchange.

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Bank Bisnis Internasional IPO

By administrator | September 7, 2020 | Finance.

Bank Bisnis Internasional IPO. A total of three new issuers took the floor at once. On the trading board of the Indonesia Stock Exchange (IDX) on Monday (7/9/2020). The three of them are PT Bank Bisnis Internasional Tbk (BBSI). PT Kurniamitra Duta Sentosa Tbk (KMDS), and PT Selaras Citra Nusantara Perkasa Tbk.

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Nusantara Infrastructure Fund Allocation

By administrator | August 24, 2020 | Infrastructure Transportation.

Nusantara Infrastructure Fund Allocation. As well as Nusantara Infrastructure Tbk. (META), the Salim Group conglomerate on toll roads. Has prepare an investment of Rp292.94 billion for the first elevate toll road project in Makassar. The Salim Group has 74.65 percent ownership in META through PT Metro Pacific Tollways Indonesia.

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PP Properti Bulk Selling

By administrator | August 18, 2020 | Property Real Estate.

PP Properti Bulk Selling. The international rating agency Fitch Ratings has lowered the long-term national rating of PT PP Properti Tbk (PPRO) from BBB- to CCC. Fitch said that the downgrade of PPRO reflected a weak liquidity condition, which could lead to an increase in refinancing.

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Indah Kiat Sales Depressed

By administrator | August 14, 2020 | Basic Industry.

Indah Kiat Sales Depressed. A multinational paper producing company headquartered in Jakarta, Indonesia. Indah Kiat Pulp & Paper Tbk (INKP IJ) posted a decrease in net sales throughout 1H20. INKP recorded net sales of up to USD 1.48 billion or down 5.75% over the same period the previous.

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Sentul City Develops Smart City

By administrator | August 13, 2020 | Property Real Estate.

Sentul City Develops Smart City. The property issuer, Sentul City Tbk (BKSL IJ) has provide 200 ha of land to develop a technology-base smart city using industry 5.0. Head of Corporate Communication & Government Relations Sentul City Alfian Mujani said the company has held talks with investors from Singapore, but it has not yet.

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Sritex New Market Share

By administrator | August 11, 2020 | Misc Industry.

Sritex New Market Share. An Indonesia base company primarily engage in the integrate textile and apparel industry. Sri Rejeki Isman Tbk (SRIL IJ) state that it will increase sales. Of personal protective equipment (PPE) products abroad. After the export doors have been open since June.

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Indofarma at A Glance

By administrator | August 10, 2020 | Consumer Goods.

Indofarma at A Glance. The Indonesia Stock Exchange finally suspend the shares of Indofarma Tbk (INAF IJ) on Friday trading (08/07). Its official statement, stock exchange authority said that this policy was taken. In line with the soaring share prices of the company in the last few.

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BRI Agro KPRS FLPP

By administrator | July 28, 2020 | Finance.

BRI Agro KPRS FLPP. A company engage in banking that was found in 1989 and is headquarter in Jakarta. Previously, the company was own by DAPENBUN. Bank BRI Agroniaga Tbk (AGRO) won the top two achievements. In the distribution of Subsidize Home Ownership Loans for Housing Financing Liquidity Facility (KPRS FLPP) in Semester I of.

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