Indonesia government is expected to submit loan restructuring proposal to Japan Bank for International Cooperation (JBIC) regarding loans to state-owned fertilizer company PT Pupuk Iskandar Muda (PIM). JBIC is the largest...
Read MoreListed company PT Aneka Tambang Tbk is negotiating power purchase agreement (PPA) to absorb up to 100 MW capacity from Sulewana hydropower plant developed by PT Bukaka Hydropower, a subsidiary of Bukaka Group. Dedy Aditya...
Read MoreMulia Group is still one of the largest property developers in the country. The group is also integrated with construction materials through companies like Mulia Industri, Mulia Glass, and Mulia Keramik. The property arm,...
Read MorePT Telkomsel, a subsidiary of PT Telkom Tbk, will issue bond at the size of Rp1 trillion to Rp2 trillion. The company has asked investment banks to submit underwriting proposals for pre-qualification. Telkomsel will use the...
Read MoreNoonday Asset Management, a unit of Farallon Capital, has provided US$120 million refinancing facility to PT Recapital Advisors loan obtained in 2005 to finance the acquisition of PT Bank Tabungan Pensiunan Nasional (BTPN)....
Read MorePT Truba Alam Manunggal Engineering (TRUB) Tbk is under the spotlight for suspicion on money laundering activities. The company’s share price has skyrocketted to Rp800 from its IPO price at Rp110. Who are the real owners...
Read MoreHonggo Wendratno has 25% shares in Tirtamas Group. He is the spokesperson of the group in the last few years, including gigantic effort to regain controls over petrochemical assets like Tuban Petro, Petro Oxo Nusantara, and Polytama Propindo. Who is he?
Read MorePeter Sondakh is the front-runner in government’s plan to divest up to 49% shares of flag carrier PT Garuda Indonesia. Who is he? Political affiliation? Business Interests & networks? Track records? Important inner...
Read MorePrivatization of up to 30% shares of state-owned turnpike operator and developer PT Jasa Marga could be the single most significant for president Susilo Bambang Yudhoyono’s 2.5 years administration. Watchout the politics!...
Read MoreChairul Tanjung is one of the most aggressive businessmen in town. He acquired almost everything, build, expand, new ventures with partners of various backgrounds. Who is he? Business partners? Political affiliation? The family?...
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