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Indonesia’s Bumi Serpong Damai Drops Buyback Program

Jakarta (TheInsiderStories) - Indonesia' PT Bumi Serpong Damai Tbk (IDX: BDSE) stop the tender offer of global notes amid the lower demands, said the...

Indonesia’s Sinarmas Unit Launches Its US$732M First REIT

JAKARTA (TheInsiderStories) - Indonesia' investment management company, PT Sinarmas Asset Management listed Simas Plaza Indonesia real estate investment trust (REIT) products with a total...

EV Growth Closes First Fund at US$200M

JAKARTA (TheInsiderStories) - Singapore-headquartered venture capital (VC) firm EV Growth has hit the close of its inaugural fund at US$200 million (Rp2.9 trillion), exceeding...

Indonesia’s APP Invests US$3.5B to Build Paper Mill in India

JAKARTA (TheInsiderStories) - One of the world’s largest pulp and paper companies, Asia Pulp & Paper (APP), will invest US$3.5 billion to build a paper...

Japan’s Oji, Sinar Mas Set Up Corrugated Container Plant in Indonesia

JAKARTA (TheInsiderStories) - PT Purinusa Ekapersada, unit of Indonesian conglomeration firm Sinar Mas Group, set up new corrugated container factory in Bekasi with Japan' Oji...

Indonesia’s Smartfren Seeks Investor to Strengthen Capital

JAKARTA (TheInsiderStories) - PT Smartfren Telecom Tbk (IDX: FREN), a unit of Sinar Mas Group, will offer 10 percent shares through private placement scheme. Along with...

Sinar Mas, East Ventures, Japan’s YJ Capital Set up EV Growth

JAKARTA (TheInsiderStories) - East Ventures (EV) is collaborating with Tokyo's based YJ Capital Inc. and SMDV --venture capital (VC) firm under Sinar Mas Group --,...