Courts Builds First Big-Box Outlet in Indonesia

JAKARTA (Yosefardi) – PT Courts Retail Indonesia, subsidiary of Courts Asia, has started construction work for its first Big-Box Megastore in Indonesia Wednesday (October 23). Located in Kota Harapan Indah, Bekasi, West Java province, the outlet will be Courts...

Lippo Malls Issues S$150 Million Notes

SINGAPORE (Yosefardi) – LMIRT Capital Pte Ltd, subsidiary of Lippo Malls Indonesia Retail Trust, has priced its S$150 million 4.25% Notes due 2016. The Notes will be issued under its S$750 million Guaranteed Euro Medium Term Note Program guaranteed by HSBC...
Indomaret Opens 3-5 Minimarkets Per Day

Indomaret Opens 3-5 Minimarkets Per Day

JAKARTA (Yosefardi) – PT Indoritel Tbk (DNET) said its associated company Indomarco will open three to five Indomaret minimarkets per day. “In the case of Indomaret, a new store typically generates net profit after operating for nine to 12 months, and the...