Sri Rejeki Capital Expenditure up to USD30Mn
PT Sri Rejeki Isman, Tbk (SRIL IJ) estimated its capital expenditure (capex) next year needed range from USD20mn to USD30mn. The company will focus using the fund for the purpose of maintenance, or company developing organically. Next year, company planned to continue its business strategy, maximizing the utilization of production, since yarn production, weaving, finishing,.
Read More...Chandra Asri Rubber Factory Operated in 2018
PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is the largest and most integrated chemical player in Indonesia, intends to develop added value of the c4 mixed product to butadiene. The raw material is processed to make solution styrene butadiene rubber (SSBR) that would be absorbed tyre manufacturer. Therefore, company doing a joint venture with leading.
Read More...HD Capital Recurring Income from Minihydro
PT HD Capital, Tbk (HADE IJ) would start sampling the recurring income from power plants by the year 2019. Currently, company is focus the final two power plant projects, each is targeted for completion in the year 2019 and 2020. After acquired a renewable energy provider, PT Panca Sinergi Perkasa (PSP), HD Capital will focus.
Read More...Tigaraksa Spent 63% of Capex Year 2017
PT Tigaraksa Satria, Tbk (TGKA IJ) is already absorbing its capital expenditure (capex) worth IDR63bn until 3Q17, or 8.4% from target this year worth IDR13.3bn. The majority of capex this year transferred by lease system. Not only that, the other lease system is also applied in working tools such as laptop, computers, desktops, printers, car.
Read More...Medco Focus on Midsized Electric EBT
PT Medco Energy International, Tbk (MEDC IJ) will only focus on power projects with a capacity of the medium. Other than that, the company will also focus on the development of new energy projects and renewable electricity such as geothermal, hydro and gas. Currently, Medco electrical business unit is divided into two, the first to.
Read More...Humpuss Work on Java 1 Floating Gas Terminal
PT Humpus Intermoda Transportasi, Tbk (HITS IJ) has partnered with Exmar Marine NV Nicolas Saverys, invest in a floating gas terminal project Floating Storage Regasification Unit (FSRU) Gas-Steam Power Plant (PLTGU) Java 1, on October 10, 2017. During this partnership, Humpuss can get the source and unlimited sustain technology from Asian countries. For the record,.
Read More...Barito Pacific Buy Back Worth IDR200Bn
PT Barito Pacific, Tbk (BRPT IJ) plan to buy back its stock, and will be carried out after the company pocketed the permission of the extraordinary shareholder general meeting on December 13, 2017. Barito preparing funds worth IDR200bn to buy back its 100 million of the company’s stock. The number of shares equivalent to 0.72%.
Read More...Ristia Bintang Sales Growth 347%
PT Ristia Bintang Mahkotasejati, Tbk (RBMS IJ) record its sales growth 347% to IDR41.9bn in 3Q17, from same period 2016 worth IDR9.38bn. The property industry this year is still challenging. However, its subsidiary namely PT Alam Indah Selaras is slowly but sure still able to collect performance. For the record, Alam Indah Selaras remains the.
Read More...Kalbe Farma Capital Expenditure Realization Reached 70%
PT Kalbe Farma, Tbk (KLBF IJ) estimated its capital expenditure (capex) worth IDR1.2trn in 2017, with the realization worth IDR820bn which was used for the development of the plant. For the record, the company expansion in three factories, was located in Pulogadung, Cikarang, and Cikampek. Factory recipes for injection was at Pulogadung. Meanwhile, factories located.
Read More...Recalculate TPS Food’s Valuation after Divestment
PT Tiga Pilar Sejahtera Food, Tbk (AISA IJ) planning to divest its rice production subsidiary. The company will take off 70% of its subsidiary namely PT Dunia Pangan. Reasonable valuation of the Dunia Pangan reached IDR3.58trn. TPS Food hope was able to pay off its debt worth IDR2.37trn gradually from this divestment. Dunia Pangan is.
Read More...