Tag: Chandra Asri
Indonesia’s Chandra Asri Pursues Big Funds from Rights Issue
JAKARTA (TheInsiderStories) - Indonesian manufacturer, PT Chandra Asri Tbk (IDX: TPIA) considered to release as much as 7.17 billion shares in this year to finance its...
President Widodo Inaugurates Chandra Asri’s New Polyethylene Plant
JAKARTA (TheInsiderStories) - President Joko Widodo inaguarated the new polyethylene plant owned by publicly listed company, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) in Cilegon, Banten,...
Indonesia’s Chandra Asri Allocates Capex US$294M in 2020
JAKARTA (TheInsiderStories) - PT Chandra Asri Petrochemical Tbk (IDX: TPIA), a chemical producer based in Indonesia, has allocated capital expenditure (capex) US$294 million in...
Indonesia’s Chandra Asri Raises Funds US$52M from Bond Sales
JAKARTA (TheInsiderStories) - Indonesia' largest integrated petrochemical company, PT Chandra Asri Petrochemical Tbk (IDX: CAP), successfully launched a three-year bond issuance with total amount...
S&P Raises Indonesia’s Chandra Asri Rating from B+ to BB-
JAKARTA (TheInsiderStories) – PT Chandra Asri Petrochemical Tbk (IDX: CAPC) has won a credit rating upgrade from Standard and Poor’s (S&P) Global Ratings from...
Chandra Asri Gets Tax Holiday from Indonesian Government
JAKARTA (TheInsiderStories) - Indonesian integrated petrochemical company, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) received government’ tax holiday facility from its US$380 million polyethylene plant. Company gets...
Indonesia’s Chandra Asri Prepares Capex $465M This Year
JAKARTA (TheInsiderStories) - PT Chandra Asia Petrochemical Tbk (IDX: TPIA), petrochemical producer from Indonesia, budgeted US$465 million for capital expenditure (capex) this year. The...
Chandra Asri Obtains Unsecured Export Credit Facility US$172M
JAKARTA (TheInsiderStories) – An integrated petrochemical company in Indonesia, PT Chandra Asri Petrochemical Tbk (IDX: CAPC) has signed an eight-years Export Credit Facility with worth of...
Singapore Star Energy Belongs to Indonesia’s Barito
JAKARTA (TheInsiderStories) - In the coming day, Star Energy Group Holdings Pte. Ltd., the largest geothermal power producer in Indonesia, majority stake will belongs...
Barito Pacific Buys Star Energy for US$755M
JAKARTA (TheInsiderStories) - Shareholders of a diversified group PT Barito Pacific Tbk (IDX: BRPT) approved the acquisition of 66.7 per cent Star Energy Group Holdings Pte Ltd shares...
Accelerating Chemical & Textile Industry Growth
JAKARTA (TheInsiderStories) – In a further attempt to boost the country’s economic growth, the Industry Ministry, in collaboration with other, related ministries is stepping...
Barito Pacific Gets Approval to Acquire 66.7% Star Energy Shares
JAKARTA (TheInsiderStories) - Shareholders of PT Barito Pacific Tbk (IDX: BRPT) approved the company's plan to issue new shares as much as 5.6 billion shares or 40...
Moody’s assigns Ba3 to Chandra Asri’s proposed USD notes
Singapore -- Moody's Investors Service has assigned a Ba3 rating to Chandra Asri Petrochemical Tbk (P.T.)'s (Ba3 stable) proposed $300 million senior unsecured notes.
The proposed notes...