Search result for: "SOE"

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.

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.

Tiphone Selective Default. The cellular vouchers distributor company Tiphone Mobile Indonesia Tbk (TELE IJ) fail to pay interest on a bank syndicate loan. That matures in March 2020. That is why, the Indonesia Credit Rating Agency (Pefindo) downgraded Tiphone. From BB+ to Selective Default. Based on Pefindo, Tiphone has a syndicate loan from Standard Chartered.

As well as, Construction Based on Industry 4.0. Industry era 4.0 is marked by the development of the use of information and communication technology in order to achieve high efficiency and better product quality, including in the field of construction services. Moreover, one of the basic principles of construction technology that must be carried out.

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).

One of SOE, Bank Tabungan Negara Net Profit Declines 26.79%. Throughout 1Q20, Bank Tabungan Negara Tbk (BBTN IJ) recorded pressure on performance. BBTN profit recorded a decrease of 36.79% YoY from IDR 723 billion in 1Q19 to IDR 457 billion. Demand for non-subsidized mortgage loans (KPR) which has been sloping since the end of last.

As well as, Jasa Marga Bailout Fund IDR 5.3 Trillion. In a closed working meeting between the Ministry of Finance and the House of Representatives (DPR) Commission XI, the government intends to support four state-owned (SOE) company by injecting IDR 12.2 trillion in funds to pay the national strategic program bailouts. One of them is.

Semen Indonesia Sales Projection. During the 1Q20, Semen Indonesia Tbk (SMGR IJ) was able to record excellent performance. The SOE issuer sales volume reached 7.9 million tons, an increase of 4.7% compared to 1Q19. Launching data from the Indonesian Cement Association (ASI), as of March 2020 SMGR also solidified its position as top leader with.

Banking Loan Restructuring. The banking loan restructuring program held by the government is like a stamina test for national banks. Meanwhile, the success of the loan restructuring and loan relaxation of trillions of rupiah worth of consumer loans depends on the resilience of the bank’s capital to support the program. For the record, banks are.

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.