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Indonesia’s Adhi Commuter Seeks Funds US$35M from Bond Market

JAKARTA (TheInsiderStories) - PT Adhi Commuter Properti, unit of state-owned construction firm, PT Adhi Karya Tbk (IDX: ADHI), seeks fresh funding around Rp500 billion (US$35.46 million)...

Indonesia’s Adhi Karya Receives Project Payments US$114M

JAKARTA (TheInsiderStories) - The state construction firm, PT Adhi Karya Tbk (IDX: ADHI) received the project payments worth of Rp1.6 trillion (US$114.29 million), said the management...

Indonesia’s Adhi Karya Targets New Contract US$2B in 2021

JAKARTA (TheInsiderStories) - The state-owned construction company, PT Adhi Karya Tbk (IDX: ADHI) targeting to raises new contracts Rp32.9 trillion (US$2.33 billion) in 2021, up 15...

China’s Sino Road Joins with SOEs Build Serang – Panimbang Toll...

JAKARTA (TheInsiderStories) - State-run construction firm, PT Adhi Karya Tbk (IDX: ADHI), PT Wijaya Karya Tbk (IDX: WIKA), together with China' Sino Road and Bridge Group...

Indonesia’s Adhi Karya Slices Bond Issuance to US$43M

JAKARTA (TheInsiderStories) - Construction firm, PT Adhi Karya Tbk (IDX: ADHI) cut its local bond issuances from Rp2 trillion to Rp600 billion (US$42.85 million), said the...

Indonesia’s Adhi Commuter Ready to IPO in June 2021

JAKARTA (TheInsiderStories) - State construction firm, PT Adhi Karya Tbk (IDX: ADHI) aimed to bring its unit, PT Adhi Commuter Properti (ACP), to list the...

Indonesia’s Adhi Karya Seeks US$136M from Bond Market

JAKARTA (TheInsiderStories) - State-owned construction firm, PT Adhi Karya Tbk (IDX: ADHI) seeking funds up to Rp2 trillion (US$136.05 million) from bond market in this year....

Kereta Api Indonesia Receives Loan US$287M for LRT Project

JAKARTA (TheInsiderStories) - The state-owned railway firm, PT Kereta Api Indonesia (KAI) received a syndicated loan worth of Rp4.2 trillion (US$287.67 million) from banks, said the...

Indonesia’s Jasa Marga invests US$449M in Toll Road Project

JAKARTA (TheInsiderStories) - State-owned toll road operator, PT Jasa Marga Tbk (IDX: JSMR) will invests up to Rp6.6 trillion (US$449 million) for the Solo -Yogyakarta International Airport...

Indonesia’s Adhi Karya, Brantas Abipraya Builds Part of Sumatera Toll Road

JAKARTA (TheInsiderStories) - Two state-owned construction companies, PT Adhi Karya Tbk (IDX: ADHI) and PT Brantas Abipraya formed a joint venture of PT Jalintim...

Adhi Karya dan Brantas Abipraya Buat Perusahaan Patungan

JAKARTA (TheInsiderStories) - Dua perusahaan konstruksi milik negara, PT Adhi Karya Tbk (IDX: ADHI) dan PT Brantas Abipraya membentuk usaha patungan PT Jalintim Adhi...

Some Indonesia’s Issuers Starts the Buyback Program

JAKARTA (TheInsiderStories) - Some issuers at the Indonesia Stock Exchange (IDX) announced will start their buyback program today. On March 9, the Financial Services Authority has...

Indonesia’s Adhi Commuter Go IPO in 2Q, Seeks US$178M

JAKARTA (TheInsiderStories) - The property developer, PT Adhi Commuter Properti (ACP) ready to list (IPO) its shares in the second quarter of 2020 and eyes...

Indonesia’s Adhi Karya’s Unit Acquires TOD Developer

JAKARTA (TheInsiderStories) - PT Adhi Commuter Properti, unit of state-own company PT Adhi Karya Tbk (IDX: ADHI), has acquired PT Mega Graha Cipta Perkasa...

Indonesia’s Adhi Karya Ready to Build LRT Lines to Bogor

Jakarta (TheInsiderStories) - Publicly listed company, PT Adhi Karya Tbk (IDX: ADHI), ready to build light rail transit (LRT) lines Cibubur - Bogor starting...

Target Aggressive Growth, Adhi Karya to Issue US$71.36M Bond

JAKARTA (TheInsiderStories) — Indonesia’s infrastructure state-owned enterprise, PT Adhi Karya Tbk (ADHI) will release Rp1.02 trillion (US$71.36 million) bond, as the company has several...

Indonesia’s Adhi Karya to Construct Solo-Yogyakarta Toll Roads in 2019

JAKARTA (TheInsiderStories) - PT Adhi Karya Tbk (IDX: ADHI), a state-owned construction company, aims to start the construction of the Solo - Yogyakarta toll road...

Jakarta’s First LRT to Launch in August After Palembang

JAKARTA (TheInsiderStories) - After the first light rapid transit (LRT) in Palembang, South Sumatera tested by President Joko Widodo on July 13, the government...

Elevated Project Moratorium Pressures Private Contractors

JAKARTA (TheInsiderStories) – The Government's emergency decision to halt all elevated transportation projects across the country will certainly exert an impact on private contractors involved in...

Railway Firm KAI, Adhi Karya Sign LRT Contract Amendment

JAKARTA (TheInsiderStories) - State-owned railway company PT Kereta Api Indonesia (KAI) and state-owned construction company PT Adhi Karya Tbk (IDX:ADHI) on Tuesday (19/12) signed...

Jasa Marga Encouraged to Buy Waskita’s Divested Toll Roads

JAKARTA (TheInsiderstories) – State-owned toll road operator PT Jasa Marga Tbk (IDX:JSMR) has the opportunity to become the majority owner of the Trans-Java toll...