Surya Esa Will Obtain Additional Funds up to IDR600Bn

Surya Esa Perkasa, Tbk (ESSA IJ) is planning to issue as much as 3 billion new shares with par value of IDR10 per share, or equivalent up to IDR600bn. The proceed will be used to increase investment in its subsidiary, namely Panca Amara Utama for completion of PAU Ammonia Project, and for operational expenses. Meanwhile, this right issue will be implemented after obtaining approval at the General Meering of Shareholders, Financial Service Authority’s effective statement. From financial performance side, company reported an increase both in revenue and profit in 1H2017. Surya Esa Perkasa’s revenue worth USD17.05mn in 1H2017 from USD15.25mn same period 2016. The profit is also increase to USD1.66mn from USD200,634 during that period.

Nippon Indosari to Buyback 10% Shares

Panorama’s Subsidiary Established New Company

Trikomsel Private Placement 20 Billion Shares

List of New LQ45 Index

Inalum to Acquire 51% of Freeport Shares