Kideco Contract Extension to Samindo Resources Until 2023
Samindo Resources, Tbk (MYOH:IJ) through its four subsidiaries get contract extension from Kideco Jaya Agung. The contract figure are rock removal, coal production, coal transportation, and drilling. The company subsidiary, namely SIMS Jaya Kaltim get rocks moving contracts cover 48 million bank cubic meter (bcm), and coal production 10 million tons. Not only that, other.
Read More...The Acquisition will Support SRIL Sales
Sri Rejeki Isman, Tbk (SRIL:IJ) is targeting sales growth up to 15% YoY in 2018. However, the figure could increase if the acquisition plan launched in next year, and predicts sales growth able to reach the figure of 20%-30% post-acquisition. The expected targets could be achieved despite not doing the acquisition, since company plan to.
Read More...Sri Rejeki Isman Acquisition Textile Company
Sri Rejeki Isman, Tbk (SRIL:IJ) plans to acquire domestic textile companies, to strengthen its domestic market. Company plan to do corporate action to obtain fresh fund, since company estimated capital expenditure (capex) to USD25Mn. Capex will be used for the purposes of such routine engine maintenance. Previously, company issued 1.86 billion new shares through private-placement,.
Read More...PT PP Maintains its Leverage
Pembangunan Perumahan, Tbk (PTPP:IJ) has a total debt of IDR8.2Trn, and equity IDR12.5Trn, until September 2017. This figure amidst the issue of construction company cash flow, which is became one of the market’s attention lately. From there, the ratio of debt to equity only around 0.6 times, or still far below 1 times, since the.
Read More...Wika Beton Target 20% of Revenue Growth
Wijaya Karya Beton, Tbk (WTON:IJ) is targeting revenue growth of 20% in 2018, since the company current production capacity has reached 3 million tons per year. The production capacity is reached after the addition of two new factory operates the last three months. The factory in South Lampung, and Sumba donating 300,000 tons production capacity.
Read More...Adhi Persada Marketing Sales Target of IDR3Trn
Adhi Persada Properti (APP), a subsidiary of Adhi Karya, Tbk (ADHI:IJ), set marketing sales or pre-sales target amounting to IDR3.4Trn in 2018. This figure increased approximately by 47%, from its this year target of IDR2.3Trn. In line with those growth, company is also set high sales target in 2018 worth IDR2.6Trn, or increased by IDR1Trn.
Read More...Bank Jabar Distribute Bonds of IDR1.5Trn
Bank Pembangunan Daerah Jawa Barat dan Banten, Tbk (BJBR:IJ) has been distributing bonds Tranche I Year 2017 worth IDR1.5Trn in 2017. The distribution of the bonds has been conducted on December 6, 2017, and the bond consist of three series. The bond was issued without a clearance certificate unless the jumbo bonds issued on behalf.
Read More...Bank BNI’s Deposit Growth Slow
The portion of deposit against third party fund of Bank Negara Indonesia, Tbk (BBNI:IJ) growth 39.22%, as of October 2017. This figure is slightly higher from September 2017 around 38.99%. On the other hand, company tend to focus on lower cost of fund, such as savings and giro. For instance, as of October 2017, deposit.
Read More...LRT New Scheme Affects Adhi Karya
The government decide will use the initial scheme in accordance with Regulation 49/2017, for the investment projects of light rail transit (LRT), where Kereta Api Indonesia will act as the operator of conduct of the investors at the same.
Read More...Petrochemical Business Support Barito Pacific
Barito Pacific, Tbk (BRPT:IJ) achieve a net income of USD1.82Bn, or equivalent with IDR24.71Trn at the end of September 2017. This figure rose 28% over the same period of 2016. The income in line with the petrochemical exports increase of 61.65% YoY to USD557.55Mn. From domestic, the petrochemical business revenue is still leading with growth.
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