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Edwin Soeryadjaya Buyback Saratoga

By administrator | July 4, 2020 | Trade Services.

Edwin Soeryadjaya Buyback Saratoga. An investment company and one of the largest conglomerates in Indonesia. Saratoga Investama Sedaya Tbk (SRTG IJ). President Commissioner of the company, Edwin Soeryadjaya bought 15.83 million shares of the company in the last two weeks. Base on Saratoga’s report on the company’s share.

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LPPF Same Store Sales Projection

By administrator | June 20, 2020 | Trade Services.

LPPF Same Store Sales Projection. A ritel company Matahari Department Store Tbk (LPPF IJ) has reopened 141 stores on June 16, 2020. This means that almost 92% of LPPF’s shops have been opened. The number of shops opened increased from the beginning of May to 24 which opened or only around 16% of the total.

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KINO Liquidates Subsidiaries

By administrator | June 18, 2020 | Consumer Goods.

As well as, KINO Liquidates Subsidiaries. Kino Indonesia Tbk (KINO IJ) has liquidated joint ventures of Kino Malee Indonesia and Malee Kino (Thailand) Company Limited. This is done as a form of streamlining the organizational structure and changes in the company’s business capital. It was approved based on the circular decision of the shareholders in.

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Garuda Indonesia Ticket Rises 20%

By administrator | June 10, 2020 | Infrastructure Transportation.

As well as, Garuda Indonesia Ticket Rises 20%. Garuda Indonesia Tbk (GIAA IJ) plans to increase ticket prices. Currently, ticket price adjustments are still under discussion. Raising the price of this plane ticket can be an alternative for GIAA to cover the potential loss of profits. Garuda Indonesia Managing Director Irfan Setiaputra ensured, even if.

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Bayan Resources Stop Operations of Three Subsidiaries

By administrator | May 29, 2020 | Mining.

Bayan Resources Stop Operations of Three Subsidiaries. Coal mining companies cannot be separated from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ), which had to stop the operations of its subsidiary entities. A number of BYAN subsidiaries which temporarily halt production operations are Bara Tabang locate.

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Pinehill Company Profile

By administrator | May 26, 2020 | Consumer Goods.

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

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Pinehill Acquisition Impact on Indofood CBP

By administrator | May 26, 2020 | Consumer Goods.

Pinehill Acquisition Impact on Indofood CBP. Indofood CBP Sukses Makmur Tbk (ICBP IJ) signed an agreement with Pinehill Corpora Limited and Steele Lake. The transaction, which was signed on Friday (05/22), is worth USD 2.99 billion, equivalent to IDR 44.25 trillion. ICBP will pay for the acquisition of USD 300 million with internal cash generated.

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Pinehill Company Business

By administrator | May 24, 2020 | Consumer Goods.

Pinehill Company Business. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has sign an agreement with Pinehill Corpora Limited and Steele Lake Limited. As well as, the contents of the agreement are the transfer of shares issued by Pinehill Company Limited. A limited company established under the laws of the British Virgin.

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Bank Rakyat Indonesia Loan Restructuring

By administrator | May 21, 2020 | Finance.

Bank Rakyat Indonesia Loan Restructuring. The number of restructured loans Bank Rakyat Indonesia Tbk (BBRI IJ) increased sharply caused us to cut its share price target. Previously, the target price of BBRI shares was IDR 4,850 per share this year. We lowered the target price to IDR 3,000, reflecting a price to book value (PBV).

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Indonesian Pharmacy Coronavirus Medication

By administrator | May 3, 2020 | Consumer Goods.

As well as, Indonesian Pharmacy Coronavirus Medication. To anticipate the Coronavirus global pandemic, pharmaceutical industry players are trying to develop and distribute drugs to overcome the disease. Moreover, several types of drugs were reported by the World Health Organization (WHO) for handling COVID-19. Ferry Soetikno, Chairperson of Dexa Medica Group, said that for the moment.

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