Monthly Archives: April 2011
Indika prices US$300 mio bonds at 7%
April 28th, 2011
Integrated energy PT Indika Energy Tbk (INDY) just closed the offer of US$300 million bonds and price it at 7% per annum. The demand is more than 10 folds. A source close to the deal said in total, Indika, ...
Telkom & Cambodian mobile takeover
April 27th, 2011
Telkom has been appointed as a preferred bidder for 51% stake in Cambodian’s largest mobile operator by subcriber, CamGSM. A source close to the deal said Telkom is awaiting for the approval from board of commissioner. “Telkom expects the ...
Indika new bonds & investor appetite
April 25th, 2011
A source close to the deal said via Indika's wholly owned subsidiary, the company is underway to issue up to US$300 million bonds.
Bank Victoria sells shares to Emirates
April 24th, 2011
PT Bank Victoria International Tbk (BVIC) has sold 414.58 million shares or 10% of its outstanding shares to Singapore-based Emirates Tarian Asset Management Pte Ltd at Rp142 per share. Bank Victoria has obtained Rp58.87 billion from the private placement. ...
Adaro to distribute Rp30.35 dividend
April 24th, 2011
One of Indonesia’s largest coal miner PT Adaro Energy Tbk (ADRO) has been approved by its shareholders to distribute Rp30.35 per share totak dividend, representing 43.98% of 2010′s earning per share of Rp69. The Adaro dividend is including an ...
Uniflora delays Davomas takeover deal
April 24th, 2011
The takeover of majority stake in cocoa powder PT Davomas Abadi Tbk (DAVO) by PT Uniflora Prima is delayed. In an official statement submitted to Indonesia Stock Exchange (IDX) today, the delay is because of Uniflora inability to raise ...
Pindo Deli FY10 income surges 161%
April 24th, 2011
Pulp and paper producer PT Pindo Deli Pulp and Paper Mills posted a 160.99% jump in net income last year, while its sister company, pulp and paper producer PT Lontar Papyrus Pulp & Paper Industry was still in net ...
Serasi Autoraya to sell Rp1 trio bonds
April 24th, 2011
An integrated transportation services company PT Serasi Autoraya has mandated lead underwriters, PT Mandiri Sekuritas, PT Indo Premier Securities, PT Victoria Sekuritas, and to sale Rp1 trilllion bonds.
Indah Kiat FY10 turns to US$13 mio profit
April 24th, 2011
Indonesian pulp and paper producer PT Indah Kiat Pulp & Paper Tbk (INKP), a company which is nearly twice larger than its affiliated PT Pabrik Kertas Tjiwi Kimia Tbk (TKIM), turned to net profit of US$13.03 million last year ...
Antam & Halmahera project financing
April 15th, 2011
Two sources close to the deal said Antam and help by its financial advisor PT Danareksa Sekuritas has come out with a request for proposal sent to about 27 investment banks.