PP to Seek Loan Rp4 Trillion

JAKARTA (Yosefardi) – State construction firm PT Pembangunan Perumahan Tbk (PTPP) is to seek loan of Rp4 trillion next year, to fund its working capital of Rp6-7 trillion. PTPP targets its revenue to reach more than Rp20 trillion next year, a 28% growth compared to...

Japfa Ltd Boosts Ownership in PT Japfa

SINGAPORE (Yosefardi) – Japfa Ltd has, through a series of open market transactions, acquired 12.5 million shares of PT Japfa Comfeed Indonesia Tbk (JPFA), boosting its shareholding in JPFA from 57.51% to 57.63%. The aggregate consideration of Rp6.18 billion...