Infrastructure Projects Support KHI Pipe Industries
KHI Pipe Industries, a subsidiary of Krakatau Steel, Tbk (KRAS.IJ), continued to supply the needs of the pipeline nationwide. KHI Pipe Industries is optimistic its business would grow significantly in this year, since the.
Read More...Hexindo’s Heavy Equipment Sales Increase 13.4% in 1Q18
Hexindo Adiperkasa, Tbk (HEXA:IJ) able to sell 450 units of heavy equipment along the 1Q18. The number rose 13.4% if compared to the same period last year as much as 397 units of heavy equipment. This year, company target can sell 2,000.
Read More...USD Strengthening Support The Performance Of Paper Issuers
Paper industry performance prospects are still promising despite a steady rupiah weakened against the US dollar (USD). Issuers issuers such as Indah Kiat Pulp & Paper, Tbk (INKP.
Read More...Metropolitan Land Books IDR1.19Trn in Marketing Sales
Metropolitan Land, Tbk (MTLA:IJ) booked IDR1.19Trn in 1H18 marketing sales, including IDR246Bn in recurring revenue. This is in line with the company’s target in FY18 for marketing sales and recurring income of IDR2Trn (+11% YoY) from FY17 realization at.
Read More...Bank Mandiri Prepares IDR2Trn for its Subsidiary Capital Injection
Bank Mandiri, Tbk (BMRI:IJ) is planning to increase its subsidiary capital amounting to IDR1-2Trn in 2018. The company plans to increase capital to its three subsidiaries, which are Bank Mantap, Mandiri Utama Finance, and Mandiri Capital Indonesia that have been doing business expansion and need additional.
Read More...Jaya Real Property Injects IDR33.74Bn Capital to Jakarta Tollroad
Jaya Real Property, Tbk (JRPT:IJ) increases capital amounting to IDR33.74Bn to Jakarta Tollroad Development, a subsidiary of Jaya Real Property who’s currently developing six toll roads in Jakarta. The company absorbs 5,143 series C shares of Jakarta Tollroad at IDR6,562,254/share. Furthermore, these six toll roads need IDR40Trn investments, whereas.
Read More...Mitra 10 to Enter Eastern Indonesia market
Catur Sentosa Adiprana, Tbk (CSAP:IJ) keeps expanding their sales network through opening new stores in Eastern Indonesia. The company plans to open three new stores in Sulawesi, two of which will be located in Manado and.
Read More...Barito Pacific to Rights Issue
Barito Pacific, Tbk (BRPT:IJ) is planning to issue new shares as one of the fund alternatives for petrochemical factory development owned by Chandra Asri Petrochemical, Tbk (TPIA:IJ) in Cilegon. This factory needs USD4.5-5Bn investments, and the company plans to use equity and loans. However, the company will not conduct rights issue this.
Read More...Tiga Pilar Sejahtera Failed to Pay its Coupon
Tiga Pilar Sejahtera, Tbk (AISA:IJ) has confirmed not to pay its coupon due today. In the statement, the management stated that the company’s cash position as of 1H18 is not sufficient to pay its coupon payable from the bonds and.
Read More...Pembangunan Perumahan Booked IDR17.6Trn of New Contract
Pembangunan Perumahan, Tbk (PTPP:IJ) managed to get a new contract IDR17.6Trn or equivalent to 35.8% of the company’s target, declined 12.8% YoY from IDR20.2Trn in 1H17. Currently, the company holds 18% of consortium of Patimban Port development with contract value of.
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