Intraco Penta Heavy Equipment Sales Growth 100%
PT Intraco Penta, Tbk (INTA IJ)’s heavy equipment sales during 9M17, grew almost doubled compare to same period 2016, although company’s consolidation sales growth is more limited. The company has managed to realize the sale of heavy equipment up to September this year as much as 452 units. The number was increased by 61% over.
Read More...Dwi Aneka Jaya Kemasindo Sales Worth IDR15.21Bn
PT Dwi Aneka Jaya Kemasindo, Tbk (DAJK IJ) reported its sales worth IDR15.21bn in 3Q17, compare to same period 2016 worth IDR246.11bn. A drop in the company’s sales is caused by a drastic reduction in sales of offset printing business as well as the absence of sales of cardboard business wave. This suppresses the amount.
Read More...Sri Rejeki Got Private Placement Approval
PT Sri Rejeki Isman, Tbk (SRIL IJ) finally got approval from shareholders to increase the capital through private placement. Company will aiming fresh fund of IDR658.44bn from this corporate actions. The plan was approved by the company’s private placement 100% shareholders who attend the general shareholders meeting. The company plan to issue a maximum 10%.
Read More...Garuda Indonesia Profit Targets USD72Mn in 2H18
PT Garuda Indonesia (Persero), Tbk (GIAA IJ) was trying pressing its loss, since this 4Q17 the company aiming profit USD5mn – USD10mn. In FY17, the airline is targeting the loss down about 23.7% of losses in 1H17. For the record, company record profit worth USD61.9mn during the period July – September, and meaning the total.
Read More...Erajaya Absorbs 86% of its Capital Expenditure
PT Erajaya Swasembada, Tbk (ERAA IJ) have been using 86.47% of its capital expenditure (capex) as of September 2017. This retail company spends IDR100bn capex for the year 2017. Previously, company planning to use its capex for the addition of new outlets and the refurbishment or development of existing outlets. In 1Q17, Erajaya operates as.
Read More...Wijaya Karya is Ready to Issue Komodo Bonds USD400Mn
PT Wijaya Karya (Persero), Tbk (WIKA IJ) optimist may issue Komodo Bonds worth USD400mn at the end of 2017. The bond issuance that are assisted by a number of securities companies, such as PT Mandiri Sekuritas, PT Bahana Sekuritas, and others. For the record, Komodo Bonds is a term form bonds with rupiah denominated but.
Read More...Summarecon and Sumitomo Foresty Established Joint Venture
PT Summarecon Agung, Tbk (SMRA IJ) together with Sumitomo Foresty established joint venture to build housing. Sumitomo Foresty has the advantage of technology, and business provider of lumber and building materials for companies. The total investment reached USD30mn, with Summarecon portion was USD15mn. Meanwhile, the share of Summarecon in joint venture reached 51%. For the.
Read More...TPS Food Divested its Rice Business
PT Tiga Pilar Sejahtera Food, Tbk (AISA IJ) plans to divest its rice business lines, assessed positively as an attempt to improve the image and the company’s performance. According to the result of shareholders general meeting on Thursday, November 2, 2017, agreed upon the the rice business unit divestment controlled by PT Dunia Pangan. TPS.
Read More...Sumi Indo Kabel Sales Worth USD65.05Mn
PT Sumi Indo Kabel, Tbk (IKBI IJ) reported its sales worth USD65.05mn until September 2017, or slightly lower than same period 2016 worth USD65.11mn. According to company’s financial report, exports sales decreased 14.21% YoY to USD41.39mn. However, it compensate with company’s total domestic sales increasing of 40.32% YoY to.
Read More...Nippon Indosari Build New Factory after Right Issue
PT Nippon Indosari Corpindo, Tbk (ROTI IJ) issue as much as 1.15 billion its new shares, through a scheme of right issue. Company hoped could be pocketed extra fresh fund of IDR1.43trn. While the proceeds will be used to build four to six new factories in Sumatra, Borneo and Java. With the addition of a.
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