Monthly Archives: July 2011
Mitra Resources sells Apexindo to Tuscany
July 30th, 2011
PT Mitra International Resources Tbk (MIRA) finally disposes 93.35% shareholding in Sabre Systems International Pte Ltd, losing its precious assets of drilling company PT Apexindo Pratama Duta Tbk, to Tuscany Investment Group Pte Ltd at US$40 million. Corporate Secretary ...
Indika posts 25.14% rise in 1H profit
July 29th, 2011
PT Indika Energy Tbk (INDY), an integrated energy company that owns 46% shareholding in coal miner PT Kideco Jaya Agung, reported a 25.14% increase in net profit for the first 6 months of this year because higher profit contribution ...
Delta Dunia 1H profit plunges 91.34%
July 29th, 2011
PT Delta Dunia Makmur Tbk (DOID), parent of Indonesia’s second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), suffered a 91.34% plunge in net profit in the first half of this year as a result of higher ...
Bukit Makmur vs Pamapersada
July 28th, 2011
PT Delta Dunia Makmur Tbk (DOID), parent of PT Bukit Makmur Mandiri Utama (BUMA), Indonesia’s second largest coal mining contractor, reported a 14.59% increase in overburden removal for the first 6 months of this year. However, its coal output ...
UNTR 1H equipment sales up 58.60%
July 25th, 2011
PT United Tractors Tbk (UNTR) today reported a 58.60% increase in sales volume of Komatsu heavy equipment in the first half of this year. The company booked 4,333 units of sales volume in 1H 2011 from 2,732 units in ...
BW Plantation 1H net profit jumps 99%
July 25th, 2011
Palm oil producer PT BW Plantation Tbk (BWPT) reported a 99.4% increase in net profit for the first 6 months of this year due to higher CPO sales volume. Kelik Irwantono, Corporate Secretary of BWPT in a press statement ...
Berau to supply coal to Lati power plant
July 25th, 2011
PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is expected to supply 200,000 tons of coal to mouth mine power plan Lati next year. Finance Director Choeruddin Noer at PT Indonesia Pusaka Berau ...
Bank Danamon rights set at Rp4,100-Rp4,800
July 25th, 2011
PT Bank Danamon Indonesia Tbk (BDMN) plans to hold a rights issue of 1.21 billion new shares at the exercise price range of Rp4,100-Rp4,800 per share, entitling the bank with the proceed of Rp4.97 trillion-Rp5.82 trillion. The rights issue ...
Bakrieland 1H net profit jumps 100%
July 25th, 2011
Property developer PT Bakrieland Development Tbk (ELTY) posted a 100.2% increase in net profit in the first half of this year (1H2011) on the back of higher sales. Bakrieland booked Rp126.1 billion net profit from Rp63 billion in the ...
Citra Marga sets non-preemptive rights
July 25th, 2011
Toll road operator PT Citra Marga Nusaphala Persada Tbk (CMNP) aims to issue a 10% non-preemptive rights in a bid to seek cash to develop business. Citra Marga Indrawan Sumantri said the company schedules an extraordinary of shareholders meeting ...