by Yohanes Obor | Sep 2, 2016 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Plantation firm PT Golden Plantation Tbk (GOLL) booked net profit pf Rp30.27 billion for first half (H1) of 2016, compared to Rp5.57 billion profit only in the corresponding period of 2015. Its sales declined to Rp56.76 billion, from...
by Yohanes Obor | Aug 25, 2016 | Mining, News, Resources
JAKARTA (Yosefardi) – Arab-based Saudi Aramco mulls to divest 15% interest in Cilacap oil refinery due to funding problem. In the meantime, the Government of Indonesia is seeking commitment from Saudi Aramco for expanding the refinery capacity. Currently Saudi...
by Yohanes Obor | Aug 24, 2016 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PTPN III Holding needs fresh money or injection of Rp9 trillion from the government, used to pay debts and to fund expansion, Investor Daily reported this morning. Currently the company has debt of Rp33.24 trillion....
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 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 2, 2016 | Mining, News, Resources
JAKARTA (Yosefardi) – Gold producer PT J Resources Asia Pacific Tbk (PSAB) mulls to offer new shares through preemptive rights scheme, to boost its free float to 20% from current 7.5%. The company needs fresh funds of US$400 million, to fund drilling activity in 5...
