IT Holdings Holds 10% Stake in Anabatic

JAKARTA (Yosefardi) – Japan-based IT Holdings Corporation have absorbed more than 50% of IPO shares of newly listed PT Anabatic Technologies Tbk (ATIC), or 10% of ATIC shares. Anabatic has offered 375 million shares, or 20% of its total issued and paid-up shares...

LMIR Trust Acquires Lippo Plaza Batu

SINGAPORE (Yosefardi) – Lippo Malls Indonesia Retail Trust (LMIR Trust) has completed the acquisition of Lippo Plaza Batu (LPB), a retail mall located in Batu City, Indonesia and the acquisition of all of the shares of PT Griya Inti Sejahtera Insani (PT GISI)....

Anabatic Gains 7.14% on Trading Debut

JAKARTA (Yosefardi) – Shares of newly listed PT Anabatic Technologies Tbk (ATIC) gained 7.14% to Rp750 per share at its trading debut this morning, with over 7.68 million shares valuing of Rp5.9 billion exchanged hands. Anabatic has offered 375 million shares,...

4G-LTE, New War for Telco Operators

JAKARTA (Yosefardi) – Telecommunication operators are now competing on the 4G-LTE (Long-Term Evolution) wireless services. Commonly marketed as 4G LTE, this is a standard for wireless communication of high-speed data for mobile phones and data terminals. The...