Trade Wars benefit Indah Kiat Pulp & Paper
The impact of trade war between the United States (US) and China provides benefits for paper companies such as Indah Kiat Pulp & Paper, Tbk (INKP IJ), post trade war caused the price of pulp or paper pulp higher. Currently, China is the shortage of raw materials.
Read More...PP Properti-Jababeka Launches Little Tokyo Apartment Project
PP Properti has employed Jababeka to build the superblock of Little Tokyo. The superblock is in the Jababeka Cikarang prospect this very promising, along with a shift in the trend of property from West to East.
Read More...Garuda Indonesia Plans to Issue USD750Mn Global Bond
Garuda Indonesia, Tbk (GIAA:IJ) plans to issue USD750Mn global bond before June 2018. The proceed will be used for advances for airplane purchases and airplane lease payments. As of September 2017, the company has total bonds payable amounting.
Read More...Jasa Marga Allocates IDR70Trn Capex in FY18
Jasa Marga, Tbk (JSMR:IJ) has allocated IDR70Trn in capital expenditure (capex) in FY18, that will financed by 70% corporate loan and 30% from company’s internal source. The company is also considering to issue a bond through its subsidiaries Jasa Marga Bali Tol and/or Jasa Marga Surabaya.
Read More...Tempo Media Plans to Rights Issue IDR99.99Bn
Tempo Inti Media, Tbk (TMPO:IJ) plans to right issue with target fund acquired amounting IDR99.99Bn by issuing 333.3Mn new shares with exercising price of IDR300 per.
Read More...Indonesia Cement Producers Expect Slower 2018 Domestic Sales Growth
Semen Indonesia, Tbk (SMGR:IJ) projects 5%-7% increase in total domestic cement sales in FY18, slower than 7.8% YoY growth achieved in 11M17. The forecast is based on expected demand for cement from the government’s multiyear infrastructure projects,.
Read More...United Tractors Allocates USD800Mn Capex
United Tractors, Tbk (UNTR:IJ) has allocated capital expenditure (capex) amounting to USD800Mn (+39.13% YoY) in FY18. The source of capex will be coming from internal cash and bank loans. Of the total FY18 capex, United Tractors has allocated the biggest portion to its heavy equipment mining contractor subsidiary, Pamapersada.
Read More...Petrosea Allocates USD112Mn Capex in FY18
Petrosea, Tbk (PTRO:IJ) has allocated capital expenditure (capex) amounting to USD112Mn, in FY18, up by 22% YoY from FY17 capex of USD92Mn. The increase in FY18 capex is due to many mining contracts to be done in.
Read More...Adaro Announces IDR1.35Trn Interim Dividend
Adaro Energy, Tbk (ADRO:IJ) has announced IDR1.35Trn of dividends or equivalent with IDR42.25 per share. Since Adaro’s books is in USD, it was translated to IDR using the median currency exchange from Bank Indonesia of.
Read More...Jasa Marga Earned Toll Concessions Worth IDR38.1Trn
Jasa Marga, Tbk (JSMR:IJ) has earned two new toll concessions with total investments amounting to IDR38.1Trn. These two toll concessions are Probolinggo-Banyuwangi toll road and Jakarta-Cikampek II Selatan projects, with investments of IDR23.4Trn, and IDR14.7Trn, respectively. The company won the Probolinggo-Banyuwangi toll road project together with Waskita Toll Road (WTR) and.
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