Bank Central Asia Books 12% YoY Loan Growth in 1H18
Bank Central Asia, Tbk (BBCA:IJ) booked 10%-12% YoY loan growth in 1H18, mainly supported by financial and infrastructure sectors. Moreover, the company also plans to acquire small banks which.
Read More...OCBC NISP Issues IDR1Trn Bonds
Bank OCBC NISP, Tbk (NISP:IJ) plans to issue its third self-registration bonds phase 1 of IDR1Trn that comes with 3 series, they are: Series A totaling IDR655Bn with 370-days maturity and 6.75% coupon rate, Series B totaling IDR3Bn with 2-years maturity and 7.25% coupon.
Read More...Arpeni Pratama Ocean Line to Restructure USD400Mn Debt
Arpeni Pratama Ocean Line, Tbk (APOL:IJ) plans to restructure its debt of USD400Bn that is harming the company’s net profit, stated the management who emphasized its concern on rupiah depreciation against US dollar and the high interest rate from the debt. The company has been in the restructuring progress since 2015 and plans to.
Read More...Perusahaan Gas Negara Acquires 51% Stake of Pertagas for IDR16.6Trn
After signing a conditional purchase agreement with Pertamina on June 29 to take over Pertamina Gas (Pertagas), Perusahaan Gas Negara, Tbk (PGAS:IJ) finally announced to buy 51% stake, or equal to 2.6Mn shares of Pertagas from Pertamina for IDR16.6Trn, equal to.
Read More...PP Properti Books IDR2.1Trn in 1H18 Marketing Sales
PP Properti, Tbk (PPRO:IJ) has booked IDR2.1Trn in marketing sales for 1H18, equals to 55% of its FY18 target of IDR3.8Trn. The management stated that these sales majorly come from bulk sales, one of which was by Arvada Investama that bought 3 apartment.
Read More...Sariguna Primatirta to Conduct Stock Split Effective Today
Sariguna Primatirta, Tbk (CLEO:IJ) is going to conduct stock split with 1:5 ratio, effective on July 3 2018. Meaning, the company now has 11Bn shares from previously 2.2Bn.
Read More...Mitra Pinasthika Completes USD436Mn Divestments
Mitra Pinasthika Mustika, Tbk (MPMX:IJ) has completed 100% divestment for its lubricant business, Federal Karyatama, to Esso Petroleum Company Limited and Exxon Mobil UK Limited. The value of this divestment reaches USD436Mn. After this divestment, the company would still be cooperating with Federal Karyatama through.
Read More...Multipolar Plans to Raise IDR503.2Bn from Rights Issue
Multipolar, Tbk (MLPL:IJ) is planning to issue 4.57Bn new shares in right issue at IDR110/share. From this rights issue action, existing shareholders will get five new shares for every 11 shares held. About 82% of the proceeds will be used to maintain ownership in Matahari Putra.
Read More...Mayora Indah to Buy Land Sales for Factory Development
Mayora Indah, Tbk (MYOR:IJ) is planning to buy land sales in Balaraja, Banten, whose currently owned by Tedjopratama Mandiri Gemilang and Lubuk Permata. This company plans to utilise this land for factory development regarding its plan to add three lines of biscuit products and 15 lines of water.
Read More...Matahari Putra Prima to Raise IDR806.7Bn from Right Issue
Matahari Putra Prima, Tbk (MPPA:IJ) is planning to offer 2.15 Bn new shares at IDR375/share, according to stock exchange filing on Monday, July 2 2018. Existing shareholders will get two new shares for every five shares held. From this right issue, about 93.7% of the funds will be used for the the company’s working capital.
Read More...
