Indofarma Allocates IDR165Bn for Capex
Indofarma, Tbk (INAF:IJ) allocates capital expenditure (capex) of IDR165Bn in FY18 for several purposes. The proceed will be used for renovation and completion of production facility and plants layouts worth IDR44Bn, IDR35Bn for machine purchase and production support facilities, IDR13Bn for development of ERP information.
Read More...Rimau Multi to Change its Name to Air Asia
In line with the business transition, Rimau Multi Putra Pratama, Tbk (CMPP:IJ) will change its company name to Air Asia Indonesia on December 29, 2017. Based on company’s extraordinary general meeting shareholders, in addition to changing the name, the company also reorganize its five commissioners and directors and plans to divest its subsidiary shares which.
Read More...Bakrie Sumatera Targets its Production Grow up to 10% in FY18
Bakrie Sumatera Plantation, Tbk (UNSP:IJ) targets Tandan Buah Segar (TBS) palm oil production to grow at around 5%-10% in FY18, after recording a 26% decrease of TBS palm oil production in 9M17, on account to Bakrie Group’s policy to focus on developing palm oil production from the company’s own.
Read More...Mining SOE Holding Allocates IDR17Trn Capex for FY18
Mining SOEs holding allocates IDR17Trn capital expenditure (capex) for FY18 where the largest Bukit Asam, Tbk (PTBA:IJ) will receive the largest allocation. Currently, holding members of state owned enterprise (SOE)s are discussing the capital expenditure’s source of.
Read More...Jasa Marga Estimates a Surge in Traffic during Holiday Season
Jasa Marga, Tbk (JSMR:IJ) estimates that four toll road gates will have a surge in holiday traffic around 32.05%. The four toll road gates are Cikarang gate (+32.05%), Cileunyi gate (+21%), Ciawi gate (+17%), and Cengkareng gate (+5.3%) compared to normal traffic during this.
Read More...Goodyear Get Loan of USD15Mn
Goodyear Indonesia, Tbk (GDYR:IJ) get the bank loan facilities of USD15Mn with tenor 1-year from HSBC Indonesia. The loans were without warranty, and with commercial interest rates. The company does require capital to run its business, since its has 84 authorized outlets to market the product in the various regions in.
Read More...HD Capital Postponed Panca Sinergi Acquisition
HD Capital, Tbk (HADE:IJ) postponed the takeover plan of Panca Sinergi Perkasa (PSP), since there are still requirements that have yet to be met by the PSP. These requirements include a approval letter from the bank is the lender PSP. For the record, PSP has 18 subsidiaries. Seven of them have got the Power Purchase.
Read More...Bukit Asam’s Capex Allocation of IDR6.5Trn in 2018
Bukit Asam, Tbk (PTBA:IJ) has prepared a variety of expansion for next year, such as coal and power plant development. While, the source of capital expenditure (capex) funding will be combined between cash loans from other parties, since the company will.
Read More...PP Properti Targeting Growth of 20% in 2018
PP Properti, Tbk (PPRO:IJ) has reached the target marketing sales in the year 2017. As of November 2017, company has reached target marketing sales of IDR3Trn. While, next year’s target growth is around 20% or become IDR3.6Trn. Currently, there are approximately 27 project designed by company. One of the biggest project which is designed in.
Read More...Timah Set Capex of IDR2.6Trn in 2018
Timah, Tbk (TINS:IJ) has determined the allocation of capital expenditure (capex) for next year. Capex will be focused on investments in the field of mining, both land or sea mines, and investing activity for foundries or smelters. Company ensured the production will be greater than the targets this year of 35,000 tons. The increase in.
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