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Indosat to Expand its 4G Networks Outside Java

By administrator | July 4, 2018 | Infrastructure Transportation

Indosat, Tbk (ISAT:IJ) is focusing to expand its 4G networks outside Java. According to the management, currently the company has developed 4G network in.

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PP Properti Targets 20%YoY Growth

By administrator | July 4, 2018 | Property Real Estate

PT PP Properti, Tbk (PPRO:IJ) is working on apartment projects in Surabaya to pursue its 20%YoY growth target in 2018. Surabaya’s property sector has high demand for high-rise property.

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Wika Beton Booked IDR3.06Trn New Contracts in 1H18

By administrator | July 4, 2018 | Infrastructure Transportation

Wijaya Karya Beton, Tbk (WTON:IJ) has booked IDR3.06Trn new contracts in 1H18, compared to 1H17 new contracts of IDR2.6Trn. This new contracts realization reached 40% of the FY18 targeted new contracts of IDR7.56Trn. About 33.25% of the new contracts came from internal.

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Intiland Development Buys Land for IDR1.27Trn

By administrator | July 4, 2018 | Property Real Estate

Intiland Development, Tbk (DILD:IJ) is buying land amounted to IDR1.28Trn with affiliated party with area of 250Ha. This transaction was done through the company subsidiaries, Perkasalestari Utama and Intiland Grande, with Grand Interwisata and Stralight Nusa Property as the sellers. The company still has.

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GMF AeroAsia Aims to Set Up Maintenance Facility in Vietnam

By administrator | July 4, 2018 | Infrastructure Transportation

Garuda Maintenance Facility Aero Asia, Tbk (GMFI:IJ) in talks with potential partners to set up aircraft maintenance facility in Vietnam. The company aims to be Airbus certified maintenance service provider after signing up as training center for.

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Waskita Beton Books IDR2.8Trn New Contracts in 5M18

By administrator | July 4, 2018 | Infrastructure Transportation

Waskita Beton Precast, Tbk (WSBP:IJ) booked IDR2.8Trn new contracts in 5M18 coming from various projects which are mainly toll roads projects, such as Cibitung-Cilincing, Tebing Tinggi-Indrapura, and Probolinggo-Krasakan Toll Road. Other than toll road projects, the company also booked new contract from NCICD and Gold Island home.

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Selamat Sempurna Acquire 44% Stake in Distributor’s Share

By administrator | July 4, 2018 | Misc Industry

Selamat Sempurna, Tbk (SMSM:IJ) has acquired 44% stake in Sure Filter or Thailand Co. Ltd, an automotive component distributor in Thailand.. The investment is valued THB55Mn in total transaction that is sourced form internal cash flow. The purpose of the acquisition is to strengthen company’s export.

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Through June, Waskita Beton Precast Gained a New Lease of IDR2.97Trn

By administrator | July 4, 2018 | Misc Industry

Waskita Beton Precast, Tbk (WSBP IJ) to obtain a new contract values amounted to IDR2.97Trn until June 2018. With this improvement, then the total value of the contract is managed from subsidiary Waskita Karya, Tbk (WSKT IJ) reached IDR15.93Trn. As for a new contract, is derived from a number of large projects, among others toll.

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Barito Pacific Records 9.75% YoY Revenue Growth in 1Q18

By administrator | July 3, 2018 | Basic Industry

Barito Pacific, Tbk (BRPT:IJ) recorded USD697Mn in 1Q18 revenue from previously at USD635Mn in 1Q17. This is dominated by petrochemical stream that contributed to.

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Gajah Tunggal Buys 92.9% of Filamendo Shares from Polychem

By administrator | July 3, 2018 | Misc Industry

Gajah Tunggal, Tbk (GJTL:IJ) acquired 92.9% shares of Filamendo Sakti (nylon filament 6 producer which is the main raw material of nylon tire fabric 6) from Polychem.

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