Category: Investments

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.

JAKARTA (Yosefardi) – State construction firm PT Pembangunan Perumahan (PP) Tbk (PTPP) targets to invest in power plant at cost of up to Rp60 trillion by 2020, realized through unit PT PP E

JAKARTA (Yosefardi) – State construction firm PT Adhi Karya Tbk (ADHI) targets to book new contracts of Rp25 trillion this year, but during first half period, the new contracts only reached Rp6 tril

JAKARTA (Yosefardi) – PT BISI International Tbk plans to expand to India next year, to build seed factory which will cost Rp50 billion.

JAKARTA (Yosefardi) – PT Media Nusantara Citra Tbk (MNCN) mulls to offer shares of its unit PT MNC Pictures through the initial public offering (IPO), expected to happen next year.

The Investment Coordinating Board (BKPM) recorded that some 200 companies, with ongoing construction projects, have invested Rp264.7 trillion during 2015, representing 51.4% of total investment plan for last year (Rp512.6 trillion).

PT Astra International Tbk (ASII) allocates Rp13.6 trillion for capital expenditure (capex) for this year, a 38.77% rise compared to Rp9.8 trillion capex for last year.

MNC Group plans to invest US$5 million into job seeking portal KerjaDulu.com

State financing firm PT Sarana Multigriya Finansial (SMF) provides Rp190 billion, for the first time, to Bank Riau Kepri, to refinance housing loan or mortgage loan.

Aberdeen Indonesia Fund, Inc., a closed-end equity fund, invested 47.9% of its total portfolio assets in consumers segment in Indonesia as of January 31, 2016.