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Wijaya Karya, PTPP Wins Mandalika Project in Lombok

JAKARTA (TheInsiderStories) - State construction firms, PT PP Tbk (IDX: PTPP), PT Wijaya Karya Tbk (IDX: WIKA), and PT Bunga Raya Lestari won the construction...

Indonesia’s PTPP Ready to Sell Rupiah and Sharia Bond US$243M

JAKARTA (TheInsiderStories) - The construction firm, PT PP Tbk (IDX: PTPP), plans to offers local bond up to Rp4 trillion (US$142.86 million) in two years time...

Indonesia’s PP Injects PP Properti US$114M for Debt Refinancing

JAKARTA (TheInsiderStories) - Publicly listed firm, PT PP Tbk (IDX: PTPP), provided loan injection to its subsidiary, PT PP Properti Tbk (IDX: PPRO) with total amount of...

Indonesia’s PP Eyes New Contracts US$2.15B in 2021

JAKARTA (TheInsiderStories) - The state-owned construction firm, PT PP Tbk (IDX: PTPP) is targeting to obtain a new contract values of Rp30.1 trillion (US$2.15 billion) in...

Indonesia’s PT PP Prepares Expansion Fund US$466M for Next Year

JAKARTA (TheInsiderStories) - Indonesian construction firm, PT PP Tbk (IDX: PTPP) has budgeted capital expenditure Rp6.52 trillion (US$462.41 million) for 2021, said the management on Tuesday...

Indonesia’s PTPP, CNI Build Ferronickel Smelter Project

JAKARTA (TheInsiderStories) - State-owned construction firm, PT PP Tbk (IDX: PTPP) and a private nickel producer, PT Ceria Nugraha Indotama (CNI), collaborating to construct a ferro-nickel...

Australia’s McConnel, PTPP Build IPAL Project in South Sumatera

JAKARTA (TheInsiderStories) - Australian contractor, McConnell Dowell, and state-owned construction firm, PT PP Tbk (IDX: PTPP) partnering to build Palembang City Wastewater Treatment Plant (IPAL) project,...

Indonesia’s PTPP to Divests Two Toll Road Assets for US$28M

JAKARTA (TheInsiderStories) - The state-owned construction firm, PT PP Tbk (IDX: PTPP) to raised Rp421 billion (US$28.44 million) from the divestment of its two toll road...

Indonesia’s PTPP Give Loans US$32M to PP Properti

JAKARTA (TheInsiderStories) - State-owned construction firm, PT PP Tbk (IDX: PTPP) provides loans to its subsidiary, PT PP Properti Tbk (IDX: PPRO) with worth of Rp495...

Indonesia’s PTPP Divests the Assets to Boost the Liquidity

JAKARTA (TheInsiderStories) - State-owned investment firm, PT PP Tbk (IDX: PTPP) eyeing fresh funds from the divestment of its assets around Rp1.6 trillion (US$109.59...

Indonesia’s PP is Working on a Dam Projects worth of US$53M

JAKARTA (TheInsiderStories) - State run property and construction firm, PT PP Tbk (IDX: PTPP) started the construction of the Tamblang Dam project in Buleleng, Bali, with...

Indonesia’s PTPP Halts Some Important Projects due to the Pandemic

JAKARTA (TheInsiderStories) - The state run developer, PT PP Tbk (IDX: PTPP), intends to stop a number of projects due to the COVID-19 pandemic...

PTPP Hentikan Sejumlah Proyek Karena Pandemi

JAKARTA (TheInsiderStories) - Perusahaan pengembang plat merah, PT PP Tbk (IDX: PTPP), berniat menghentikan sejumlah proyek akibat dari pandemi COVID-19 yang menghantam hampir seluruh...

Indonesia’s PTPP to Spends US$534M in 2020

JAKARTA (TheInsiderStories) - Indonesian developer, PT PP Tbk (IDX: PTPP) ready to spends Rp7.5 trillion (US$535.71 million) next year, said the management on Tuesday...

Indonesia’s PTPP Seeks Fresh Funds US$89M from Bond Market

JAKARTA (TheInsiderStories) - Indonesian contractor, PT PP Tbk (IDX: PTPP) seeks fresh funds from bond market by issuing local notes Rp1.25 trillion (US$89.28 million),...

Indonesia’s Waskita Enters Steel Fabrication Business

JAKARTA (TheInsiderStories) - Indonesian construction firm, PT Waskita Karya Tbk (IDX: WSKT) enter new business by built steel plant in Cikande Modern Industrial Zones,...

Indonesia’s WIKA, PTPP Build Integrated Toll Road and Sea Wall in...

JAKARTA (TheInsiderStories) - The consortium of PT PP Tbk (IDX: PTPP), PT Wijaya Karya (IDX: WIKA), and PT Misi Mulia Metrika along signed an agreement to...

Indonesia’s PTPP Builds Two Steam Power Plants US$567M

JAKARTA (TheInsiderStories) - Indonesia' construction firm, PT PP Tbk (IDX: PTPP) signed a contract to build two steam power plants in East Nusa Tenggara...

Indonesia’s PTPP Eyes Krakatau Steel’s Subsidiaries

JAKARTA (TheInsiderStories) - PT PP Tbk (IDX: PTPP) interested to acquire PT Krakatau Tirta Industri (KTI), unit of PT Krakatau Steel Tbk (IDX: KRAS), local...

Indonesia’s PTPP Pocketed US$1B Smelter Project Contract

JAKARTA (TheInsiderStories) - PT PP Tbk (IDX: PTPP), a state-owned construction and investment companies in Indonesia, became a contractor for ferronickel smelter construction located...

Indonesia Picks WIKA, PTPP, Japan’s Penta-Ocean to Develop Patimban Port

JAKARTA (TheInsiderStories) - Indonesia's Transportation Ministry has named two Indonesian companies PT Wijaya Karya Tbk (IDX: WIKA), PT PP Tbk (IDX: PTPP) and Japanese...

South Korea, Indonesia Sign $2B Potential Investments, Trade to Double

JAKARTA (TheInsiderStories) – Visiting South Korean President Moon Jae-In on Thursday (9/11) witnessed the signing of 12 investment memorandum of understanding (MoU) covering various...

PP Presisi Seeks US$186 Million from IPO

JAKARTA (TheInsiderStories) - Indonesian developer PT PP Presisi, unit of state-owned construction firm PT PP Tbk (IDX: PTPP) to raise around Rp 2.5 trillion (US$185.85...
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