Indo Tambangraya Megah Acquisition Nusa Persada Resources worth USD30Mn
Indo Tambangraya Megah, Tbk (ITMG IJ) keep trying to add reserves by making the acquisition of new mines. On 2Q2018, the company is adding to reserves by as much as 77 million tons with the acquisition of 100% shares of Nusa Persada Resources.
Read More...United Tractors Buy Martabe Mine Worth USD1.2Bn
The purchase of Martabe gold mine (North Sumatra) by one of its subsidiary Astra International, Tbk (ASII IJ), that United Tractors, Tbk (UNTR IJ) using investment funds. Astra International requires fund USD1.2Bn or approximately IDR17Trn to IDR18Trn. The year 2018, capital expenditure (capex) consolidation worth.
Read More...United Tractors’s Internal Fund Capex worth USD1Bn
United Tractors Tbk (UNTR IJ) expansion plan, pushes to set up a huge fund until next year. The acquisition of Martabe mine, the company requires funds worth USD917.9Mn. The company prefers to seek.
Read More...Indah Kiat Pulp & Paper Entered FTSE Global Equity Index
A number of Indonesia’s companies shares entered into FTSE (Financial Times Stock Exchange) Global Equity Index Series Asia Pacific ex Japan Regional Index. The shares are Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ), Totalindo Eka Persada, Tbk (TOPS IJ), Trada Alam Minera, Tbk (TRAM IJ), Indah Kiat Pulp & Paper, Tbk (INKP IJ), Indofood Sukses.
Read More...Commodities Support United Tractors’s Positive Performance
United Tractors, Tbk (UNTR IJ) continued the positive performance registered over the period 1H2018. Throughout the first six months, income of the subsidiary of Astra International, Tbk (ASII IJ) was recorded at IDR38.94Trn, or rose 32.31% compared with the same period in.
Read More...Import Restriction’s Policy Support Indah Kiat Pulp & Paper
The Government’s policy of restricting the importation, predictable will provide positive sentiment to paper companies such as Indah Kiat Pulp & Paper, Tbk (INKP IJ) dan Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ), because it can increase the share of the local market and also will increase the share of its.
Read More...Nusa Persada Resources Start its Production in 2020
Indo Tambangraya Megah, Tbk (ITMG IJ) add 77 million tons of coal reserves after it acquired 100% shares of Nusa Persada Resources (NPR) and the value of the purchase of the USD30Mn. Meanwhile, Nusa Persada Resources’s production is expected to start in.
Read More...United Tractors’s Martabe Mine Acquisition through Agincourt Resources
United Tractors, Tbk (UNTR IJ) would acquire 95% stake of Agincourt Resources, owner of the Martabe gold mine in North Sumatra. The acquisition was done through United Tractors’s subsidiary, namely Danusa Tambang.
Read More...EMR Capital Sell Martabe Mine to United Tractors’s Subsidiary
EMR Capital, a private equity company, confirm purchase of Martabe mine by United Tractor, Tbk (UNTR IJ) subsidiary, i.e. Pamapersada Nusantara worth USD1.21Bn. According to Dealstreet.
Read More...United Tractors’s Martabe Gold Mine Acquisition worth USD917.9Mn
The plan of United Tractors Tbk (UNTR IJ) soon had its own mines, post acquisition of 95% share through takeover agreement of Agincourt Resources Pte Ltd in Agincourt Resources of worth around USD917.9Mn. The subsidiary of Asta International, Tbk (ASII IJ), United Tractors will take over.
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