JAKARTA (TheInsiderStories) – Followings are some news that could affect trading on the stock market today, which are compiled by the Insider Stories team:
-
Citilink, the low cost unit of PT Garuda Indonesia Tbk (GIIA), has taken delivery of its first A320neo at Airbus headquarters in Toulouse, France. The aircraft is the first of 35 A320neo set to enter service with the carrier. Citilink has selected CFM Leap-1A engines to power its A320neo fleet, which will be operated on its domestic network, and new international services to China and the Middle East. Seating 180 passengers in a single class layout, the A320neo joins an existing fleet of 44 A320ceo aircraft flying with the carrier.
- PT Ciptadana Asset Management plans to issue Real Estate Investment Trust (REITs) namely DIRE Ciptadana Retail Property Indonesia in the context of the acquisition of the mall SKA worth Rp903 billion. Previously, PT Bowsprit Bowsprit Asset Management, unit of PT Lippo Karawaci Tbk (LPKR) has released DIRE for Commercial and Infrastructure with a target fund Rp2.45 trillion. Ciptadana’s REITs is planned to be listed on March 8.
- Financial Services Authority revoke the business license of Foreign Bank Branch Office The Royal Bank of Scotland NV (RBS) in Indonesia. This decision has also been set out in the FSA Commissioner Council Decision No. 7/KDK.03/2017 dated Feb. 28, 2017 on the revocation of business licenses Branch of The Royal Bank of Scotland N.V. in Indonesia.
- Regional Development Bank (BPD) of North Sulawesi and Gorontalo (Sulutgo) plans to conduct an initial public offering (IPO) in 2018, said the Governor of North Sulawesi Olly Dondokambey. Currently the majority shareholder of Bank SulutGo is 35.33% and PT Mega Corpora as much as 24.9%. Overall, Bank Sulutgo is owned by 25 shareholders with a total paid-up capital as Rp771.22 billion, while the core capital has reached Rp1.2 trillion and currently falls into the category BOOK II. (*)