Lippo Karawaci First Half Profit Grows 25%

Lippo Karawaci First Half Profit Grows 25%

JAKARTA (Yosefardi) – Property developer Lippo Karawaci (LPKR) booked net profit of Rp546 billion in the first half ended June 30, 2013, an increase of 25% from the corresponding period of 2012. Lippo Karawaci reported sales revenue of Rp3.067 trillion, grew by...
Parit Minyak-3 Flow Testing to Start

Parit Minyak-3 Flow Testing to Start

SYDNEY (Yosefardi) – New Zealand Oil and Gas (NZOG) plans to start flow testing in the Parit Minyak-3 well located in the Kisaran PSC, onshore Sumatra. “Based on wireline logging results, up to two drill stem tests will be conducted. The first will be an...
Tracking Regional, Index Falls 1.4%

Tracking Regional, Index Falls 1.4%

JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) dropped 1.42% Monday (September 30) to tracking peers in the region. Nikkei 225 cuts its losses to 1.11% after falling as much as 2% Monday morning, while All Ordinaries extends its loss to...

Lippo Malls Issues S$150 Million Notes

SINGAPORE (Yosefardi) – LMIRT Capital Pte Ltd, subsidiary of Lippo Malls Indonesia Retail Trust, has priced its S$150 million 4.25% Notes due 2016. The Notes will be issued under its S$750 million Guaranteed Euro Medium Term Note Program guaranteed by HSBC...
G-Resources Posts $29.3 Million Net Profit

G-Resources Posts $29.3 Million Net Profit

HONG KONG (Yosefardi) – G-Resources Ltd, controlling owner of Martabe gold mine in North Sumatra, booked net profit of US$29.28 million in the financial year ended June 30, 2013 against net loss of US$19.24 million in the previous financial year. G-Resources...
Volatile, Visi Media Drops 6.52%

Volatile, Visi Media Drops 6.52%

JAKARTA (Yosefardi) – Shares of Visi Media Asia (VIVA), parent company of ANTV, TVOne, and Vivanews.com, ended substantially lower by 6.52% Wednesday (Sept 25). More than 129 million shares were exchanged hands as the stock dropped to as low as Rp205 before...
Closes Off-Low, Index Falls 1.2%

Closes Off-Low, Index Falls 1.2%

JAKARTA (Yosefardi) – Late buying maneuver prevented composite index of Indonesia Stock Exchange (IDX) from falling deeper. The index closed lower by 1.2% to 4406 Wednesday (Sept 25). The index dropped to as low as 4353 Wednesday, dragged down by blue chip...