Tag: Chandra Asri
Indonesia’s Barito Allocates Fund US$175M in 2021
JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT), allocated capital expenditure US$175 million in 2021. The funds will be injected for its units,...
Indonesia’s Chandra Asri, Styrindo Merger Creates US$3.62B Firm
JAKARTA (TheInsiderStories) - The petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: TPIA), targeting to merge with its subsidiary, PT Styrindo Mono Indonesia in Jan. 1,...
Indonesia’s Barito Pacific Releases Rupiah Bond US$27M
JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT) has plans to issue local bond up to Rp386.25 billion (US$27.39 million), said the...
Indonesia’s Barito to Receives Dividend US$52M from Star Energy
JAKARTA (TheInsiderStories) - Publicly listed firm, PT Barito Pacific Tbk (IDX: BRPT) to receive dividends US$52 million from its unit, Star Energy Geothermal (Salak -...
Indonesia’s Chandra Asri Cuts Capital Spending to US$135M
JAKARTA (TheInsiderStories) - A petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) decided to sliced the 2020' capital expenditures (capex) to US$135 million due to...
Indonesia’s Star Energy Raises US$1B from Green Bond Isssuances
JAKARTA (TheInsiderStories) – Star Energy Geothermal Salak Ltd., and Star Energy Geothermal Darajat II Ltd., subsidiaries of conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT),...
Chandra Asri, Styrindo Mono Indonesia Ready to Merges
JAKARTA (TheInsiderStories) - Two unit of PT Barito Pacific Tbk (IDX: BRPT), PT Chandra Asri Petrochemical Tbk (IDX: TPIA) and PT Styrindo Mono Indonesia plans to...
Chandra Asri, Royal Vopak Explore Partnerships in Indonesia
JAKARTA (TheInsiderStories) - Petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: CAPC) and Royal Vopak N.V., the world' independent tank storage company from Netherland,...
Pangestu Prepares US$67M to Buyback Barito Pacific Shares
JAKARTA (TheInsiderStories) - After hold 72.14 percent shares of PT Barito Pacific Tbk (IDX: BRPT), the owner, Prajogo Pangestu, wants to buyback 2 percent shares...
Indonesia’s Chandra Asri Raises US$69M from Bond Market
JAKARTA (TheInsiderStories) - PT Chandra Asri Petrochemical Tbk (IDX: CAPC), an integrated petrochemical company in Indonesia, have completed the issuance of local bonds Rp1 trillion...
Indonesia’s Chandra Asri Seeks Partner to Accelerate the Polyethylene Project
JAKARTA (TheInsiderStories) - Indonesia' petrochemical producer, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) seeks strategic partner to build a mega project, new polyethylene plant Chandra...
Indonesia’s Chandra Asri Offers Rupiah Bond US$70M
JAKARTA (TheInsiderStories) - Petrochemical issuer owned by tycoon Prajogo Pangestu, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) will issue bonds as much as Rp1 trillion (US$69.99...
Chandra Asri Petrochemical Rilis Obligasi Rp 1 Triliun
JAKARTA (TheInsiderStories) - Emiten milik taipan Prajogo Pangestu, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) akan menerbitkan obligasi sebanyak-banyaknya Rp1 triliun, kata perusahaan dalam...
Prajogo Tingkatkan Kepemilikan di Barito Pacific Menjadi 72.14%
JAKARTA (TheInsiderStories) - Prajogo Pangestu tingkatkan kepemilikan di perusahaan konglomerasi, PT Barito Pacific Tbk (IDX: BRPT) dari 71,53 persen menjadi 72,14 persen dengan mengkonversi...
Indonesia’s Tycoon Pangestu Rises Ownership in Barito Pacific
JAKARTA (TheInsiderStories) - Prajogo Pangestu increased ownership in the conglomerate company, PT Barito Pacific Tbk (IDX: BRPT) from 71.53 percent to 72.14 percent by...
Indonesia’s Barito Pacific Cut Capital Expenditures to US$185M
JAKARTA (TheInsiderStories) - Conglomeration firm, PT Barito Pacific Tbk (IDX: BRPT) postponed a series of business plans due to the COVID-19 outbreak, said the director. The...
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...
