by Yohanes Obor | Jul 3, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Golden Energy Mines Tbk (GEMS) provided loans of US$30 million to Asia Coal Energy Ventures Limited (ACEV), used to acquire shares of Asia Resources Minerals PLC (ARMS). The loan has tenor of 3 months with extension period of 6 months...
by Yohanes Obor | Jul 3, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – State electricity firm PT Perusahaan Listrik Negara (PLN) will propose to get Rp10 trillion capital injection from the government for 2016 fiscal year. This year, Govt injects Rp6 trillion fund. PLN targets to boost its equity to Rp21...
by Yohanes Obor | Jul 3, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Industrial estate developer PT Surya Semesta Internusa Tbk (SSIA) mulls to acquire PT Nusantara Infrastructure Tbk (META), though its unit PT Lintas Marga Sedaya (LMS), a joint venture company between Plus Expressways Berhad and PT Baskhara...
by Yohanes Obor | Jul 2, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – PT Selamat Sempurna Tbk (SMSM), manufacture of automotive parts and member of ADR Group, has on June 30, 2015 signed share purchase agreement for acquiring shares of Malaysia-based Bradke Synergies Sdn Bhd from Khoo Boo Siew and Teh Soon...
by Yohanes Obor | Jul 2, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Food producer PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) provides loans of Rp1 trillion for its subsidiaries, used to fund the investment and working capital. That said subsidiares are PT Dunia Pangan, PT Jatisari Srijekei, PT Indo Beras...
by Yohanes Obor | Jun 29, 2015 | Finance, Investments, News
JAKARTA (Yosefardi) – Shipping company PT Pelayaran Tempuran Emas Tbk (TMAS) is seeking loan of Rp548 billion for funding its capital expenditure (capex) of Rp685 billion for 2016. The company opts to postpone its plan to raise funds through rights issue as the...