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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...