Search result for: "ratings"

The Korean government managed bank, Korea Development Bank acquires Tifa Finance. Korea Development Bank, intends to acquire Tifa Finance Indonesia Tbk (TIFA). Based on the Korea Time.

Oil palm based company, Sinar Mas Agro Resources Supply B30 Program. Sinar Mas Agro Resources and Technology Tbk (SMAR) is ready to supply biodiesel raw material 30% (B30) in 2020, as there is an increase in vegetable content from the position of this year by.

S&P Downgrade ASRI Rating with Negative Outlook. The Standard & Poor’s (S&P) rating agency Global Ratings lowers the debt rating of Alam Sutera Realty Tbk (ASRI) from B to B– with negative outlook. The rating decline also applies to the unsecured senior bonds of ASRI. The rating decline reflects the expectation.

Giant Conglomerations Compete on Fintech Lending. The conglomerate network in the financial technology (fintech) lending is increasingly spurs. Moreover, giant conglomerations in Indonesia are participating in the online lending.

CTRA Marketing Sales 80%. The sale of Ciputra Development Tbk (CTRA) continues to grow or close to IDR 5 Trillion. Latest Marketing sales acquired CTRA from the sale of Citra Garden Puri Jakarta Barat Project, valued at IDR 700 Billion, said Tulus Santoso, Director of.

GMFI Optimistic Revenue Growth 10%. The management of Garuda Maintenance Facility Aero Asia Tbk (GMFI) is optimistic financial performance until the end of this year can grow to two digits. During.

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.

Modernland Realty Focus on Residential Sales. For 2H19, Modernland Realty Tbk (MDLN) is going to boost sales of residential and new apartments. The strategy was to pursue a target marketing sales of IDR 4.38 Trillion until the end of the year. Investor Relation Assistant Manager MDLN, Eliza.

POWR: Google Cloud Require Stable Power Supply. Google reaffirmed its plans to build a Cloud Region infrastructure in Indonesia, especially in Jakarta, which operated on 1H20. It is part of the company’s commitment.

ARKA: Pursuing Revenue Targets. Arkha Jayanti Persada Tbk (ARKA) pursues revenue target for this year amounting to IDR 160 Bn. The Target was 53% higher than the realization of ARKA revenue in 2018 of IDR 104 Bn. Even so, up to 1H19, the new ARKA recorded revenues of IDR 50.79.