Kresna to Launch IPO of 2 Affiliates

JAKARTA (Yosefardi) – PT Kresna Graha Investama Tbk (KREN) plans to launch the initial public offering (IPO) of its 2 affiliated firms, PT Kresna Life Insurance & Pension Fund and PT Kresna Usaha Kreatif. The IPO of about 20-30% shares, will take place...

2015 H1 Results: Metrodata & Anabatic

JAKARTA (Yosefard) – PT Metrodata Electronics Tbk (MTDL) booked profit attributable to owner of Rp82.7 billion in the first half of 2015, grew by 12.3% from Rp73.5 billion. Net revenue rose 16.7% to Rp4.37 trillion from previous Rp3.75 trillion. Cost of revenue also...