Search result for: "state owned enterprise"

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.

Singapore-based company EP ID Holdings Pte. Ltd alias Edge Point officially became the owner of the telecommunication tower issuer PT Centratama Telekomunikasi Indonesia Tbk. after increasing its shareholding to more than 76 percent. Based on IDX’s Disclosure of Information, on July 7, 2021 Edge Point has completed the purchase of 10,290,543,417.

Logistics issuer PT Dewata Freight International Tbk (DEAL) or DFI Logistics targets revenue to grow three times in 2021. To support this target, the company has prepared a capital expenditure of Rp 100 billion. Dewata Freight International Finance Director Nur Hasanah said the company will focus on developing four business lines in.

Logistics issuer PT Dewata Freight International Tbk (DEAL) or DFI Logistics targets revenue to grow three times by 2021. To support this target, the company has prepared a capital expenditure of IDR 100 billion. Dewata Freight International Finance Director Nur Hasanah said the company will focus on developing four business lines in.

As well as Garuda Indonesia Cost Efficiency. Garuda Indonesia Tbk. (GIAA) confirm that the restructuring steps are currently being carry out through efficiency in all lines. This was carry out in line with negotiations with a number of lessors in the midst of the Covid-19.

PGAS Liquefied Natural Gas. Perusahaan Gas Negara Tbk (PGAS IJ) will build a cluster of liquefied natural gas (LNG) infrastructure. The program was undertaken to prepare LNG supplies. As well as use in gasification power plants. PGN’s Director of Strategy and Business Development, Syahrial Mukhtar, reveal. That LNG infrastructure development is divide into three areas..

As well as INCO Synergy with MIND ID. Mining holding of State-Owned Enterprises (SOEs), namely Mining Industry Indonesia (MIND ID). Is just one step away from controlling 20% ​​of Vale Indonesia Tbk (INCO IJ) shares. MIND ID and the majority shareholders of INCO have sign definitive divestment agreements. This means that 20% of INCO’s shares.

PTBA Steam Power Plant Continuity. One of the collaborative projects of the MIND ID mining holding issuer is the Feni steam power plant (PLTU) in East Halmahera. This project is a form of collaboration between Bukit Asam Tbk (PTBA IJ) and another state-owned mining company. As well as Aneka Tambang Tbk (ANTM IJ). PTBA Corporate.

Bukit Asam Dividend Payout Ratio 90%. As well as, Bukit Asam Tbk (PTBA IJ) decided to distribute dividends for the 2019 fiscal year worth IDR 3.65 trillion. This decision was taken at the annual general meeting of shareholders. Which was held in Jakarta on Wednesday (06/10). Therefore, PTBA dividend payout ratio reaches 90%. Of the.

As well as, Basic Industry Sector Performance. Throughout 2020, the Jakarta Composite Index (JCI) slumped 31.25% to 4,330.67 per Wednesday (18/3). Moreover, Basic industry and chemicals became the sectoral index with the deepest decline, namely 43.53% YtD. The index was filled by issuers engaged in the cement industry, poultry farms, pulp and paper, ceramics, porcelain,.