JAKARTA (TheInsiderStories) – Here’s several news could affect stock market condition compiled by our team and Mandiri Sekuritas :
*Chief Executive Officer of PT Bank Standard Chartered Indonesia Rino Donosepoetro said Standard Chartered will continue to invest in PT Bank Permata Tbk (BNLI). Previously there are same rumors the bank planned to sell their stake and tycoon Eric Thohir and Chairman Mayapada Group Dato Sri Tahir showed their interest to acquire BNLI shares.
*A total of 107 candidates commissioners of Financial Services Authority (OJK) passed the first stage, for the next selection committee will submit the names to the KPK and PPATK to these two institutions to check the track record. Several name has nominated are Muliaman Hadad, Erry Firmansyah, Abipriyanto Prijadi, Riswinandi, Zulkifli Zaini, Poltak Hotradero and Firmanzah.
*PT Mitra Pinasthika Mustika Tbk (MPMX, Rp870) plans to divest 20% of the ownership of its subsidiary PT Mitra Pinasthika Mustika Finance (MPMF, A- (idn) ‘/ Stable). Fitch Ratings said that such action would not affect the rating or rating for the outstanding bonds for MPMF not a guarantor. MPM announced on February 3, 2016 to plans to sell most of its stake in MPMF proportion to its strategic partner, JACCS Co. Ltd. The transaction, if approved, will decrease to 40% ownership of MPM and make JACCS as the majority shareholder, with the proportion of 60%.
*The government has implemented sharia state securities auctions (Sukuk) on Tuesday (02/07). Total bids amounted Rp19.36 trillion, while the total amount has won is Rp7.57 trillion. Series were auctioned are SPNS08082017 (new issuance), PBS013 (reopening), PBS014 (reopening) and PBS011.
*Senior debt notes worth US$350 million issued by PT Bukit Makmur Mandiri Utama, a subsidiary of PT Delta Dunia Makmur Tbk (DOID, 550) managed to gain bookings up to $2.2 billion or as much as 6.3 times oversubscription. Based on information disclosure was published on Wednesday (02/08), stated that the senior notes with a term of 5 years (noncallable 3 years) were registered after the successful completion of the book-building on Feb. 6, 2017.
*PT Jasa Marga Tbk (JSMR, Rp4.380, BUY, Rp5.175) recorded profit growth of 28.57% over 2016. Based on the financial report as of December 2016, published on Wednesday (08/02) looks profits for the year attributable to owners of the parent reached Rp1.89 trillion. The achievement is to grow 28.57% compared to the net profit achieved in 2015 were valued at Rp1.47 trillion.
*PT Salim Ivomas Pratama Tbk (SIMP, Rp510) along Daito Cacao Co.Ltd form a joint venture in the field of processing and marketing for the chocolate industry. Based on the disclosure of data published on Wednesday said, on Feb. 7, 2017 SIMP and Daito Cacao Co. Ltd through its subsidiary The Nisshin Oillio Group of Japan has signed an agreement to establish a joint venture, PT Indoagri Daito Cacao.
*The government continues to look for ways to establish a financing scheme for the project of light rail transit (LRT) Jakarta-Bogor-Depok and Bekasi (Jabodebek) which is currently undecided. In accordance with the Presidential Decree Number 65 Year 2016 regarding the amendment of Presidential Decree No. 98 Year 2015 on the Acceleration Operator Railway Light / Light Rail Transit Integrated in Jakarta, Bogor, Depok, danBekasi.