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Indonesia’s Bakrie Group Offers 25% VIVA Shares
JAKARTA (TheInsiderStories) - The Bakrie Group media, PT Visi Media Asia Tbk (VIVA) will divest its shares by 25 percent maximum in the third quarter of 2019,...
Business Potential of Indonesia’s Bakrie Group in Third Generation Hands
JAKARTA (TheInsiderStories) - The third generation of Bakrie family now leads Bakrie Group businesses. As an oldest grandchild of the founder, Anindya Novyan Bakrie trusted to lead...
Insight: Aburizal Bakrie and Bakrie Group
JAKARTA (TheInsiderStories) – Aburizal Bakrie is one of charismatic and richest man in Indonesia. In Bakrie Group, he leads the company into various industry...
Bakrie Group, Century Properties develop several projects in Philippine
JAKARTA (TheInsiderStories) - Indonesian conglomerate Bakrie Group and The Century Properties group is entering a joint venture with to develop several projects in the Philippines,...
Benny TJokro Shouted Bakrie Involves in Jiwasraya Cases
JAKARTA (TheInsiderStories) - Benny Tjokrosaputra, a suspect in the bribery case with PT Asuransi Jiwasraya, accused the Supreme Audit Agency protected the Bakrie Group in...
Indonesia’s Bakrie, Ithaca, Air Product to Build Methanol Industry US$2B
JAKARTA (TheInsiderStories) - The consortium of PT Bakrie Capital Indonesia (BCI), PT Ithaca Resources, and an American international corporation, Air Products has formed a strategic alliance...
Indonesia’s Bakrie Restructured 75% of Total Debt
JAKARTA (TheInsiderStories) - 75 percent of PT Bakrie & Brothers Tbk (IDX: BNBR)' debt has been restructured, said the president director on Monday (03/30). The...
Indonesia’s Bakrie Pledges Energi Mega Share to Obtain Loans US$88M
JAKARTA (TheInsiderStories) - The Bakrie Group pledged its subsidiary, PT Energi Mega Persada Tbk (IDX: ENRG) shares to obtain a loan facility from Elektra...
Indonesian Bakrieland, Chinese Developer Plans to Build US$350M Jakarta complex
JAKARTA (TheInsiderStories) - PT Bakrieland Development Tbk (IDX: ELTY), controlled by billionaire Aburizal Bakrie team up with China' Construction First Group Corp. (CCFG) has plan to...
Pay off Debts, Two Units of Bakrie Sell New Shares
JAKARTA (TheInsiderStories) - Bakrie Group' media business group PT Visi Media Asia Tbk (IDX: VIVA) and its subsidiary PT Intermedia Capital Tbk (IDX: MDIA)...
Indonesia’s Bakrie Unit to Refinance Debt US$50M
JAKARTA (TheInsiderStories) - Indonesia' oil and gas producer, PT Energi Mega Persada Tbk (IDX: ENRG), planned to pay principal debt with total amount US$50 million...
Indonesia’s Bakrie Telecom Transform to TMT Infrastructure Provider
JAKARTA (TheInsiderStories) - Amid the debt problems that surround the company, PT Bakrie Telecom Tbk (IDX: BTEL) plans to conduct a complete business transformation as a...
Bakrie’s Unit Seeks Funds US$300 Million
JAKARTA (TheInsiderStories) - Publicly listed PT Intermedia Capital Tbk (IDX: MDIA) announced will issue global bonds worth US$300 million to restructure its business entity liabilities,...
Indonesia’s Energi Mega Eyes 25% Kangean Ownership from Mitsubishi
JAKARTA (TheInsiderStories) - Kinross International Group Ltd., an affiliated firm of energy producer, PT Energi Mega Persada Tbk (IDX: ENRG) plans to acquire 25...
Insight: The Capital City Moving for Who?
JAKARTA (TheInsiderStories) - Indonesian government has established two districts in East Kalimantan as the location of the new capital city. However, not a few...
Indonesia’s Bumi Resources Pays Debt US$270M
JAKARTA (TheInsiderStories) - The Bakrie Group subsidiary, PT Bumi Resources Tbk (IDX: BUMI) has paid debts of $270.4 million until July 2019. The debts...
Indonesian Stock to Watch on Tuesday, July 2
JAKARTA (TheInsiderStories) - Good Morning! the Jakarta Composite Index was closed up 0.33 percent or 21.06 point to 6,379.69 from on Monday (07/01) from the...
Indonesian Stock to Watch on Friday, May 31
JAKARTA (TheInsiderStories) — The Jakarta Composite Index closed gaining by 1.17 percent to 6,104.1 with Rp331.74 billion (US$23.03 million) foreign inflows, on May 29....
Indonesian Stock to Watch on Friday, May 17
JAKARTA (TheInsiderStories) - The Jakarta Composite Index (JCI) closed down 1.42 percent to 5,895.74 from previous day which weakening 1.42 percent to 5,969.86. For...
Indonesia’ anti-graft will Summon Tan in Bribery Case
JAKARTA (TheInsiderStories) – Indonesian anti-graft investigating team will summon PT Borneo Lumbung Energy & Metal owner Samin Tan to undergo a preliminary inspection following...
Moody’s Revises Bumi Resources Ratings to Negative
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B3 corporate family rating (CFR) for PT Bumi Resources Tbk (IDX: BUMI). At the same time, Moody's...
Indonesia’s BUMI Pays US$167M Trance A Debt
JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company...
Indonesia Expanding Gas Pipeline Network, Pipe Producers to Benefit
JAKARTA (TheInsiderStories) - As a move to increase domestic usage of natural gas, the Downstream Oil & gas Regulatory Body, will tender out three...
New Trada Alam Mineral Sailing on New Path
JAKARTA (TheInsiderStories) - Shares of PT Trada Alam Mineral Tbk (IDX:TRAM), previously known as PT Trada Maritime Tbk, has recorded a 6.9 per cent increase in its...
Indonesia’s MedcoEnergi Looking for Funding US$150M in 3Q 2020
JAKARTA (TheInsiderStories) - PT Medco Energi Internasional Tbk (IDX: MEDC) seeks a fresh funding US$150 million from the rights issue program in the third quarter (3Q)...
Indonesia’s BUMI Pays More Debt, Next Payment July
JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid the ninth installment worth of US$7.51 million, said the company...
Indonesia’s Tanjung Jati A to Offers SUKUK Global in Malaysia
JAKARTA (TheInsiderStories) - YTL Jawa Energy BV, unit of Malaysia' YTL Power International Berhard, under YTL Corporation Berhard, plans to issue global SUKUK around US$2 billion...
Moody’s Downgrades Bumi Resources Rating to Caa1
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family rating (CFR) for PT Bumi Resources Tbk (IDX: BUMI) to Caa1 from B3. At the same time,...
Nine Indonesian Shares Might be Delisting from IDX
JAKARTA (TheInsiderStories) - Indonesian Stock Exchange (IDX) officially removed the shares of PT Sigmagold Inti Perkasa Tbk (IDX: TMPI) from the trading board, the...
Indonesia’s BUMI to Pay Off Debt US$250M in 2019
JAKARTA (TheInsiderStories) - One the largest coal producer in Indonesia, PT Bumi Resources Tbk (IDX: BUMI) planned to pay off around US$250 million of its Tranche...
