by Yohanes Obor | Jan 7, 2016 | Industries, News, Property
JAKARTA (Yosefardi) – Property developer PT Summarecon Agung Tbk (SMRA) allocates capital expenditure (capex) of Rp2.7 trillion for this year. The company has previously obtained loan of Rp550 billion from Bank Central Asia. It also raised Rp500 billion from...
by Yohanes Obor | Jan 7, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Rimo International Lestari Tbk (RIMO) commits to offer 7.5% shares to public investors after completing the rights issue of 98.8% shares and raising Rp7.52 trillion proceeds. Pursuant to IDX regulations, all listed public companies are...
by Yohanes Obor | Jan 7, 2016 | Finance, Investments, News
JAKARTA (Yosefardi) – PT XL Axiata Tbk (EXCL) plans to sell 2000-2500 units of telco towers this month. The proceeds will be used to pay debts. Earlier in 2014, it sold 3500 units of telco towers, raising proceeds of Rp5.6 trillion. Currently, EXCL operates 6500...
by Yohanes Obor | Jan 7, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower 1% at 4562 this morning as profit taking hit certain stocks after recent gains. Asian stocks touched a three-month low early on Thursday as worries about the Chinese...
by Yohanes Obor | Jan 6, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 1.12% at 4609 Wednesday (Jan. 6), led by consumer stocks. Among consumer stocks, Gudang Garam hiked 2.53%, Indofood CBP lifted 6.73%, Indofood jumped 5.94%, and Unilever...
by Yohanes Obor | Jan 6, 2016 | Industries, News, Transportation
JAKARTA (Yosefardi) – Toll Road Regulatory Agency (BPJT) expects some 14 toll road sections to operate this year with combined 136.13 kilomteres length. The government targets to build 1,000 kilometers toll roads until 2019. The said 14 toll road sections are...
by Yohanes Obor | Jan 6, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – MNC Group now holds around 35% market share for advertisement placement in television which reached Rp72.5 trillion during 2015. Data from Adstensitu shows that MNC Group (RCTI, Global TV, MNC TV) booked revenues from TV advertisement of...
by Yohanes Obor | Jan 6, 2016 | Automotive, Industries, News
HONG KONG (Yosefardi) – Geely Automobile Holdings Limited’s total sales volume for the month of December 2015 was 53,633 units, a decrease of approximately 2% over the same period last year, but up approximately 4% from November 2015. The Group’s exports...
by Yohanes Obor | Jan 6, 2016 | Healthcare, Industries, News
JAKARTA (Yosefardi) – Vidjongtius, director of Indonesia’s largest pharmaceutical company, PT Kalbe Farma Tbk (KLBF), stated that raw material import is a big challenge for the local pharmacy industry. As a response, he declared, Kalbe Farma is currently...
by Yohanes Obor | Jan 6, 2016 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – PT Energi Mega Persada Tbk (ENRG) said its unit EMP Bentu Limited has secured loan of US$60 million from Intesa Sanpaolo SpA & Britannic Strategies Limited. The loan facility has tenor of 5 years and carries 6.8% interest per year plus...
