Monthly Archives: January 2012
Arpeni Line to pay bond interest & buyback
January 30th, 2012
Shipping company PT Arpeni Pratama Ocean Line Tbk (APOL), that is controlled by Oentoro Surya, a younger brother of Hadi Surya, owner of tottering PT Berlian Laju Tanker Tbk (BLTA), plans to pay bond interests and installment of fee ...
Johan Lensa sells 9.57% stake in Modernland Realty
January 30th, 2012
Indonesian businessman Johan Lensa, previous owner of PT Bukit Makmur Mandiri Utama (BUMA), has sold 9.57% stake or 600 million shares in property developer PT Modernland Realty Tbk (MDLN). Dani Prasetyo, Corporate Secretary of Modern Land, said Johan Lensa, ...
Indika Energy & Petrosea shares placement
January 26th, 2012
PT Indika Energy Tbk (NDY), an energy integrated company that controls PT Petrosea Tbk (PTRO), an Indonesian engineering, construction, contract mining and equipment rental company, has finally initiated a book building yesterday in a bid to place 25% stake ...
Bakrie Telecom & strategic buyer
January 24th, 2012
PT Bakrie&Brothers Tbk (BNBR), a company that is controlled by Bakrie family and also controlling shareholder of CDMA-based cellular PT Bakrie Telecom Tbk (BTEL), is in talk with South-Korea-based cellular operator SK Telecom. “Yes, we are now in talks ...
Samin Tan completes Bumi Plc takeover
January 20th, 2012
Indonesian businessman Samin Tan who owns PT Borneo Lumbung Energi & Metal Tbk (BORN) today has completed a 23.8% takeover of Bumi Plc worth US$1 billion from Bakrie Group. “Yes, tomorrow , there will be signing ceremony,” said Samin ...
Foreign fund to place BNI shares
January 18th, 2012
A foreign investor is trying to place shares of PT Bank Negara Indonesia Tbk (BNI) tonight with a target proceed of US$90 million. Two sources familiar with the deal said the investor has mandated Deutsche Bank as the arranger ...