Dafam Group to Launch IPO in 2017

JAKARTA (Yosefardi) – Property developer PT Dafam Group plans to launch the initial public offering (IPO) in 2017, targeting to raise Rp100 billion to Rp1 trillion funds. Billy Dahlan, president director of Dafam Group, said the company intends to offer 40%...

Sitara to Acquire Land Rp1.5 Trillion

JAKARTA (Yosefardi) – Property developer PT Sitara Propertindo Tbk (TARA) plans to acquire 1,000 hectares land within next 3 years which costs Rp1.5 trillion. The acquired land will be used for building houses, apartment, and mall, to support its reccuring income. The...