by Editor | Aug 27, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Integrated agriculture company Charoen Pokphand Indonesia (CPIN) ended Tuesday’s morning session down 8.5% to Rp2700 on weakening of rupiah. Charoen, which produces feed, has dropped 51% from its peak in May 2013 after rallying from...
by Editor | Aug 27, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange (IDX) plummeted 126 points (3.06%) in the morning session Tuesday (August 27), among the worst in the region. The index ended morning session at 3994, dragged down by property, banks, consumers,...
by Editor | Aug 26, 2013 | Industries, Logistics, News
SINGAPORE (Yosefardi) – KS Energy Ltd, controlled by Indonesian tycoon Kris Wiluan, plans to establish a joint venture with PT Pertamina Drilling Services Indonesia (PDSI). The joint venture, according to KS Energy’s disclosure to SGX today, will own and...
by Editor | Aug 26, 2013 | Automotive, Industries, News
JAKARTA (Yosefardi) – Automotive component producer PT Selamat Sempurna (SMSM) Tbk has on Thursday, August 22, signed a technical assistance agreement with Japanese company Sueyoshi Kogyo Co Ltd. The agreement covers technical assistance for fuel tank and...
by Editor | Aug 26, 2013 | Chemical, Industries, News
HONG KONG (Yosefardi) – China National Materials Co Ltd, one of the largest companies in China, booked net profit of RMB101 million only in the first half of 2013, slashed by 38.8% from the corresponding period of 2012. The company’s sales revenue actually...
by Editor | Aug 26, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – Drilling of the Parit Minyak-3 well in the Kisaran production sharing contract, onshore Sumatra, has reached 8360 feet (2549 meters) following mud gas readings and oil shows in the deepest section. New Zealand Oil & Gas (NZOG), partner...
by Editor | Aug 26, 2013 | Energy, News, Resources
SYDNEY (Yosefardi) – Triangle Energy (Global) Limited has been granted a six-month extension as temporary operator of Pase Block, Aceh, Indonesia. The extension was granted by SKK Migas on August 24, 2013 until the definitive operator is appointed. Triangle has...
by Editor | Aug 25, 2013 | Chemical, Industries, News
HONG KONG (Yosefardi) – China Petroleum & Chemical Corporation (Sinopec), one of the world’s largest companies, booked net profit of RMB30.28 billion in the first half ended June 30, 2013, an increase of 23.6% from the corresponding period of 2012. The...
by Editor | Aug 25, 2013 | Energy, News, Resources
HONG KONG (Yosefardi) – Citic Resources Holdings Ltd, owner of majority interest in Seram Block, Maluku, booked net profit of HK$104.3 million only in six months ended June 30, 2013, plummeted 54.3% from the corresponding period of 2012. The company generated...
by Editor | Aug 25, 2013 | Energy, News, Resources
HONG KONG (Yosefardi) – Datang International Power Generation Co ltd, one of the largest independent power producers in China, booked net profit of RMB2.02 billion in the first half of 2013, jumped by 74.97% from the corresponding period of 2012. “The...
