Arpeni Halts Unit Operation in Panama
JAKARTA (Yosefardi) – Shipping firm Arpeni Pratama Ocean Line (APOL) has halted all the operations of its Panama-based Paramount Star Shipping S.A, as the unit’s shipping operation stopped since 2015.
read moreDelta Dunia Focuses on Mining Contractor Service
JAKARTA (Yosefardi) – Delta Dunia Makmur (DOID) opts to focus on its mining contractor service business and postpone coal exploration activity of its 2 subsidiaries (Pulau Mutiara Persada and Banyu Biru Sakti) until the recovery of coal prices. The global economic slowdown might continue impact on current cheal coal prices.
read moreBlitz Raises Rp650 Billion to Fund Expansion of Cinema
JAKARTA (Yosefardi) – Graha Layar Prima (BLTZ), operator of Blitz cinema, targets to build 8 cinemas this year funded by Rp650.48 billion proceeds from issuing 99.31 million new shares or 22.73% of its enlarged capital, priced at Rp6550 per share. The Company will also pay debt of Rp250 billion.
read moreStock Market on Flat Move
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat, only down 0.01%, at 5418 at morning close today.
read moreTelkomsigma Set to Be New Entity of Himbara
JAKARTA (Yosefardi) – PT Sigma Citra Caraka (Telkomsigma/Link), subsidiary of PT Telekomunikasi Indonesia Tbk (TLKM), is set to scale-up as the switching company for the group of state banks, called as Himpunan Bank Negara (Himbara), out under state investment firm PT Danareksa as the holding entity.
read moreBank Sahabat Sampoerna Posts 39% Growth in Lending
JAKARTA (Yosefardi) – PT Bank Sahabat Sampoerna disbursed loan of Rp5.28 trillion in the first half of 2016, grew by 39% from Rp3.79 trillion in the same period of 2015.
read moreKrakatau Steel to Supply 50,000 Tons of Raw Canai Steel to Sunrise Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) had Wednesday (August 10) signed memorandum of understanding (MoU) to supply 50,000 tons of raw canai steel per year to PT Sunrise Steel.
read moreGolden Mines Acquires Era Mitra Selaras
JAKARTA (Yosefardi) – Coal miner PT Golden Energy Mines Tbk (GEMS), part of Sinarmas Group, acquired PT Era Mitra Selaras and its subsidiaries from Glenfield Capital Inc. at value of US$37 million.
read moreTemas Line to Purchase 3 Vessels, Logindo Suffers Bigger Loss
JAKARTA (Yosefardi) – Shipping firm PT Logindo Samudramakmur Tbk (LEAD) suffered net loss of US$16.22 million in first half of 2016, significantly widened from loss US$679 thousand in the same period of 2015.
read moreSri Rejeki Targets 15% Profit Growth
JAKARTA (Yosefardi) – Garment and textile producer PT Sri Rejeki Isman Tbk (SRIL) is optimistic to book net profit of US$64 million this year, a 15% growth compared to last year.
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