by Editor | Sep 11, 2013 | Industries, News, Transportation
JAKARTA (Yosefardi) – Tigerair Mandala, an airline controlled by Saratoga Capital and Tiger Airways Holdings Ltd, transported 1.4 million passengers in 12 months to August 2013. Tigerair Mandala carried 185,000 passengers in August, substantially higher than...
by Editor | Sep 11, 2013 | Industries, News, Transportation
JAKARTA (Yosefardi) – Flag carrier Garuda Indonesia (GIAA) has signed sale and purchase contract for 25 ATR-72 600 early this week, with delivery scheduled to start next quarter. Garuda signed the contract with Avions de Transport Regional G.I.E, Aircraft Lease...
by Editor | Sep 11, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – Triangle Energy (Global) Ltd has kicked off $1.5 million fund raising for working capital and specific work on the Pase A-1 well, Aceh province, Indonesia. Triangle has signed a lead manager and broker mandate with Perth-based CPS Capital...
by Editor | Sep 10, 2013 | Uncategorized
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by Editor | Sep 10, 2013 | Uncategorized
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by Editor | Sep 10, 2013 | Mining, News, Resources
LONDON (Yosefardi) – Bumi Plc has warned investors that separation of Bumi Resources (BUMI) and exit of Bakrie Group might be delayed. “This is a complex transaction and there are certain items relating to the separation that remain outstanding and are...
by Editor | Sep 9, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – Palace Resources Ltd, through its proposed subsidiary Kalimantan Mining and Logistics Pte Ltd, is finalizing joint venture negotiations with RBU, an Indonesian coal mining company. The joint venture would produce coal from a 200 hectares of...
by Editor | Sep 9, 2013 | Law, News
SINGAPORE (Yosefardi) – Singapore law firm RHTLaw Taylor Wessing LLP has been appointed as Principal and Lead Counsel for the Jakarta Monorail project. In January 2013, the Jakarta Monorail Project was launched as part of plans to improve public transport in...
by Editor | Sep 9, 2013 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas producer Medco Energi (MEDC) moved mostly in red zone this morning for profit taking as the stock has gained 106% from its bottom in the past few weeks. Medco was traded as low as Rp2650, way below Friday’s closing of...
by Editor | Sep 9, 2013 | Mining, News, Resources
JAKARTA (Yosefardi) – Shares of Timah (TINS), the world’s second largest tin producer, advanced 6.2% Monday (September 9), as investors continued to speculate on higher tin prices. More than 18 million shares exchanged hands in the opening hour,...
