by Yohanes Obor | Aug 12, 2016 | Industries, News, Transportation
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. APOL booked net profit of Rp130.79 billion in first...
by Yohanes Obor | Aug 12, 2016 | Mining, News, Resources
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...
by Yohanes Obor | Aug 12, 2016 | Finance, Investments, News
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...
by Yohanes Obor | Aug 12, 2016 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) closed flat, only down 0.01%, at 5418 at morning close today. Yesterday, the index ended lower 0.09% to 5419 with the selling, dominated by domestic investors, taking place in afternoon...
by Yohanes Obor | Aug 11, 2016 | Finance, Markets, News
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...
by Yohanes Obor | Aug 11, 2016 | Finance, Markets, News
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. Ali Rukmijah, president director of Bank Sampoerna, third party funds also jumped 43.9% to...
by Yohanes Obor | Aug 11, 2016 | Industries, News, 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. Henry Setiawan, president director of Sunrise Steel,...
by Yohanes Obor | Aug 9, 2016 | Mining, News, Resources
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. The conditional sale and purchase agreement was signed in August...
by Yohanes Obor | Aug 9, 2016 | Industries, News, Transportation
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$679 thousand in the same period of 2015. Revenues declined 31%$ to US$17 million. Operating...
by Yohanes Obor | Aug 9, 2016 | Finance, Markets, News
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. In first half of 2016, SRIL posted 6.35% profit growth. The Company also targets...
