Sinarmas Land Posts 7.6% Profit Growth

SINGAPORE (Yosefardi) – SGX-listed Sinarmas Land Limited (SML) booked net profit of S$18.4 million in the first half (1H) of 2015, grew by 7.6% from the same period of 2014. Revenues rose 19.5% to S$518.4 million on the back of strong contribution from project...

Ramayana Plans Shares Buyback

JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) plans to buy back 567.68 million shares, representing 8% of its enlarged shares capital. At 2.39 pm Jakarta time, RALS gained 0.73% to Rp690 per share. The stock has fallen 12.6% year to date. RALS...